5-8 Dysart Street, EC2A 2BX
Offices and premises Decided 2 July 2024 CHG100132784 Rupert David Ltd
Figures are as stated in the decision; a dash means the document does not state that figure.
What was argued and what the tribunal found
The appellant argued the rateable value of £161,000 was excessive and proposed a reduction to £136,000 based on actual rent passing on the property adjusted for the three-year gap to the AVD. The tribunal accepted the appellant's rental evidence as the starting point, finding it more reliable than the comparables presented by the Valuation Officer. The tribunal was not persuaded that the VO had demonstrated the £198.55/m2 main space price was reasonable, and instead adopted the appellant's valuation of £170/m2, reducing the RV to £136,000.
Summary generated from the decision text and checked against it. The appellant was GB Group PLC, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone)
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus & Delta v Culverwell; Gardiner & Theobald LLP v Jackson
- Hearing
- 14 June 2024
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