Ask Royal York Hotel, Broad Street, BA1 5LW
Restaurant and premises Decided 1 February 2022 CHG100161981 Gerald Eve LLP/Gerald Eve LLP - H Edwards
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 that the rateable value should be reduced from £106,000 to £97,500 based on the actual rent passing (£100,000, analysed at £288/m²) and comparable properties including 4A Princes Buildings (£272.85/m²). The tribunal found that the VO's adopted rate of £300/m² was excessive, particularly given the property's location disadvantages on steep, narrow Broad Street with split floor levels internally, and the analysis of comparable rents. The tribunal allowed the appeal and determined a rate of £275/m² was appropriate, resulting in an RV of £97,500 from 1 April 2017.
Summary generated from the decision text and checked against it. The appellant was Azzurri Group, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone) · decisive
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus and Delta v Culverwell
- Hearing
- 25 January 2022
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