Tribunals · Oldham Metropolitan Borough Council · 2017 rating list

UNIT 2 COIN STREET, ROYTON, OL2 6EE

Warehouse and premises Decided 15 November 2021 CHG100153795 Altus Group - Oakland - Manchester

OutcomeAllowedThe tribunal reduced the rateable value.

Original RV£52,000£35/m²

Ratepayer sought£42,750

VO conceded first£46,750−10% before the hearing

Tribunal decided£42,750£32/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 the Valuation Officer's assessment of £52,000 RV (£35/m²) was excessive, proposing instead £42,750 RV (£32/m²) based on the subject rent and comparable properties. The tribunal found the subject lease rent, agreed close to the antecedent valuation date, was the starting point but required adjustment to conform with rating hypothesis. Having examined the basket of comparable evidence, particularly Unit 2/1 West Point Industrial Estate (let at £30.29/m² when including the mezzanine), the tribunal determined the proposed rate of £32/m² was reasonable and allowed the appeal.

Summary generated from the decision text and checked against it. The appellant was Trade Kitchen by DTN Ltd, represented.