UNIT A & B1,, FARADAY PARK,, SP10 3SA
Factory and premises Decided 23 November 2020 CHG100149253 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, represented by a surveyor from Altus Group, argued that the 2017 assessment of £54,000 RV (£47.50/m²) was excessive, relying primarily on the actual rent passing on the property as at 1 April 2015 of £43,999 p.a. (£38.39/m²). The tribunal found that whilst the appellant's proposed rate of £36.50/m² was unjustifiably low, the original assessment was unreasonable when compared against the basket of available passing rents, particularly when considering also the rents on Cipher House and Unit 1 Telford Gate. The tribunal allowed the appeal in part, reducing the RV to £45,750 based on an unadjusted main space rate of £40.00/m².
Summary generated from the decision text and checked against it. The appellant was Ashdale Engineering, represented.
Grounds argued
- Rental evidence · decisive
- Evidence
- Rents
- Cases cited
- Lotus and Delta Ltd v Culverwell (VO) and Leicester City Council [1976]; Gardiner & Theobald LLP v David Jackson (VO) [2018] UKUT 0253 (LC)
- Hearing
- 16 November 2020
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