17-19 LOW PAVEMENT AND 58 BRIDLESMITH GATE, NG1 2GP
Shop and Premises Decided 19 October 2021 CHG100145900 Altus Group - Oakland - Manchester
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 sought a reduction in rateable value from £165,000 to £121,500 based on the subject property's rent of £125,000 pa, which analysed to £1,175 per m2, arguing this supported a Zone A rate lower than the adopted £1,600 per m2. The tribunal found the subject lease rent was unreliable due to uncertainty about the superior lease terms and gave it little weight. Considering comparable rental evidence on Bridlesmith Gate, particularly the rents agreed closest to the antecedent valuation date, the tribunal concluded the adopted rate of £1,600 per m2 was supported by the basket of rental evidence and fair and reasonable.
Summary generated from the decision text and checked against it. The appellant was Four Marketing Ltd, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone) · decisive
- Evidence
- Rents
- Cases cited
- Lotus and Delta v Culverwell; Gardiner & Theobald LLP v David Jackson
- Hearing
- 22 September 2021
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