Tribunals · Gosport Borough Council · 2017 rating list

HUHTAMAKI UK,, GRANGE ROAD,, PO13 9UP

Factory and premises Decided 26 November 2020 CHG100146290 Altus Group - Oakland - Manchester

OutcomeAllowed in partThe tribunal reduced the rateable value, but by less than the ratepayer sought.

Original RV£735,000£40/m²

Ratepayer sought£555,000

VO conceded first£490,000−33% before the hearing

Tribunal decided£647,000£35/m²

Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 2 properties; the figures shown are for the first listed.

What was argued and what the tribunal found

The appellant argued that the assessments of both appeal properties were excessive and should be reduced based on rental evidence from comparable properties, particularly Condor Logistics at £30/m2. The Valuation Officer contended the rate of £40/m2 was reasonable based on a wider range of comparables with rents of £45-£60/m2. The tribunal found that Condor Logistics was the best comparable in terms of size, specification, age and location, and determined that an unadjusted main space rate of £35/m2 was appropriate, reducing both assessments accordingly.

Summary generated from the decision text and checked against it. The appellant was Huhtamaki UK Ltd, represented.