Tribunals · Hyndburn Borough Council · 2017 rating list

Units 1-3 And 4, Venture Court, BB5 5WH

Warehouse and Premises Decided 1 July 2021 CHG100144746 Roberts Vain Wilshaw - Paul Roberts

OutcomeDismissedThe appeal failed and the rateable value was left unchanged.
Original RV£72,000£31/m²
Ratepayer sought£64,500
VO conceded first—
Tribunal decided£72,000£31/m²

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 that the rent passing on the subject property supported a reduction to £27-28 per m² based on a 2015 lease with a stepped rent basis. The tribunal found that the rent was tainted by being a stepped rent deal covering multiple units with related parties, and lacked the necessary characteristics to be reliable evidence under Lotus and Delta principles. The tribunal was satisfied that the current assessment at £31 per m² was supported by comparable property assessments in the locality ranging from £31-34 per m², and dismissed the appeal.

Summary generated from the decision text and checked against it. The appellant was Olympic Fixing Products Ltd, represented.

Grounds argued

  • Rental evidence
  • Comparable assessments (tone)
Evidence
Rents, Settled assessments
Cases cited
Lotus and Delta v Culverwell
Hearing
10 June 2021

Is your own rateable value in line?

A free check compares a property with the assessments around it and says plainly whether there is anything worth pursuing.

Check a property

The tribunal’s decision in full

Download the PDF · Find it on valuationtribunal.gov.uk

Decision © Crown copyright, published by the Valuation Tribunal Service under the Open Government Licence v3.0 and reproduced unaltered. This site does not index the names of private individuals that appear in decisions. Information, not advice.