JOLLY SAILOR, MEAD LANE, SALTFORD, SALTFORD, BS31 3ER

What was argued and what the tribunal found

The appellant argued the fair maintainable trade (FMT) for the property was £315,000 (£94,500 wet, £220,500 dry), resulting in a proposed RV of £13,750. The appellant contended that the previous operator had artificially inflated FMT figures and cited comparable properties with lower RVs. The tribunal found insufficient evidence that the trade figures from the previous occupier had been inflated, noted that the appellant's trade performance was affected by a change to dry-led operation and food hygiene issues, and determined that the cost allowances for the listed building and poor access had already been factored into the RV through the range points used. The tribunal confirmed the RV at £53,000.

Summary generated from the decision text and checked against it. The appellant was Jolly Sailor Private Ltd, represented.

Grounds argued

• Trading receipts (pubs, hotels)
• Valuation method
• Comparable assessments (tone) · decisive

Evidence

Rents, Trading accounts, Earlier tribunal decisions

Cases cited

Lotus & Delta Ltd v Culverwell (VO) and Leicester City Council 1976; Gardiner & Theobald LLP v David Jackson (VO) [2018] UKUT 0253 (LC)

Hearing

26 July 2021

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