L19 CITY TOWER 40,, BASINGHALL STREET,, EC2V 5DE
Offices and premises Decided 9 October 2025 CHG100136117 Evans & Payne
Figures are as stated in the decision, and are values in the 2017 list; a dash means the document does not state that figure. This judgement decided 6 properties together; the figures above are for this appeal's property (LEVEL 19, City Tower, Basinghall Street, London, EC2V 5DE). Every property is listed below.
The 6 properties in this decision
One judgement covered all of these appeals. Each property’s figures as the judgement states them (2017 list); this appeal’s property is highlighted.
| Property | Original RV | Sought | Tribunal decided | Outcome |
|---|---|---|---|---|
| LEVEL 20, City Tower, Basinghall Street, London, EC2V 5DE | — | — | £244,000 | Allowed in part |
| PT LEVEL 6 (WEST), City Tower, Basinghall Street, London, EC2V 5DE | — | — | £149,000 | Allowed in part |
| GND & 1ST FLRS & SKYLIGHT, City Tower, Basinghall Street, London, EC2V 5DE | — | — | £840,000 | Allowed in part |
| GND & PT 1ST FLR & SKYLIGHT, City Tower, Basinghall Street, London, EC2V 5DE | — | — | £805,000 | Allowed in part |
| LEVEL 19, City Tower, Basinghall Street, London, EC2V 5DEThis appeal | — | — | £248,000 | Allowed in part |
| LEVELS 6 & 7, City Tower, Basinghall Street, London, EC2V 5DE | — | — | £497,500 | Allowed in part |
What was argued and what the tribunal found
The appellants challenged the rateable values of six office units at City Tower, arguing the original unadjusted base rate of £475 psm was unreasonable. The tribunal found that the original assessments were unsustainable in light of rental evidence from the subject building and comparable settled assessments in the locality (ranging from £375-£465 psm), which demonstrated the existing valuations were out of line with market evidence. The tribunal determined revised RVs based on an unadjusted base rate of £450 psm, allowing the appeals in part.
Summary generated from the decision text and checked against it. The appellant was St James's Place, Mewburn Ellis LLP, Salmon Limited, Porta Communications PLC, represented.
Grounds argued
- Comparable assessments (tone) · decisive
- Rental evidence
- Evidence
- Rents, Settled assessments
- Cases cited
- Gardiner & Theobald LLP v David Jackson (VO)
- Hearing
- 10 September 2025
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