Tribunals · London Borough of Lewisham · 2017 rating list

Zero Degrees, 29-33 Montpelier Vale, SE3 0TJ

Restaurant, bar and microbrewery Decided 17 January 2022 CHG100156320 Cooke & Arkwright - Huw Jones

OutcomeAllowedThe tribunal reduced the rateable value.

Original RV£174,000£475/m²

Ratepayer sought£89,000

VO conceded first£93,500−46% before the hearing

Tribunal decided£89,000£550/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 challenged the RV of £174,000, arguing it should reflect the passing rent of £80,200pa and be valued on a zonal basis at £550/m2 like comparable nearby properties, resulting in £89,000. The tribunal found the original RV was not supported by evidence, the disproportionate increase from the 2010 assessment (110% versus 3-8% in the area) was excessive, and the passing rent strongly supported a lower value in line with statutory assumptions and the Lotus and Delta principle. The tribunal allowed the appeal and determined an RV of £89,000.

Summary generated from the decision text and checked against it. The appellant was Zerodegrees Limited, represented.