29 KINGSLAND GRANGE, WOOLSTON, WA1 4RW
Warehouse and premises Decided 22 December 2021 CHG100154715 Altus Group - Oakland - Manchester
Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 3 properties; the figures shown are for the first listed.
What was argued and what the tribunal found
The appellants challenged the rateable values of three industrial warehouses on Kingsland Grange on the basis that the Respondent's adopted base rates (£39-£48/m²) were excessive. The tribunal examined comparable lettings on the estate and concluded that the subject hereditaments had been overvalued, finding that appropriate base rates of £29.25-£30/m² better reflected market evidence including lettings at £22.61-£31.88/m². The tribunal allowed the appeals in part, reducing the rateable values to £120,000, £97,500 and £123,000 respectively with effect from 1 April 2017.
Summary generated from the decision text and checked against it. The appellant was Grange Packing Solutions Ltd, represented.
Grounds argued
- Comparable assessments (tone) · decisive
- Evidence
- Rents, tone_of_list_comparables
- Cases cited
- Gardiner & Theobald LLP v Jackson (VO) [2018] UKUT 0253 (LC)
- Hearing
- 23 November 2021
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