Tribunals · City of Westminster · 2017 rating list

GRD FLR, 10 GROSVENOR STREET, W1K 4DH

Office and premises Decided 23 June 2023 CHG100147132 Montagu Evans - Ian Clark

OutcomeDismissedThe appeal failed, leaving the value at the figure the Valuation Officer had already conceded.
Original RV£415,000£1025/m²
Ratepayer sought£318,000
VO conceded first£352,500−15% before the hearing
Tribunal decided£352,500£871.25/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 sought a 10% allowance (5% for each of two nearby building projects) to reduce the RV from £352,500 to £318,000, arguing that works at Claridge's Hotel (47 metres away) and 73-75 Grosvenor Street (across the road) caused significant disruption. The tribunal found that the subject property, as a sealed ground floor office positioned at the rear of the building and shielded from the street, experienced minimal disruption from either set of works and that hypothetical parties would not have agreed a reduced rental. The appeal was dismissed and the RV remained at £352,500.

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

Grounds argued

  • Building works or disturbance nearby · decisive
Change of circumstances
building works disruption
Evidence
Photographs, Settled assessments
Cases cited
Gardiner & Theobald LLP v David Jackson (VO) [2018] UKUT 0253 (LC)
Hearing
6 June 2023

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