Punch Bowl Inn, Crosthwaite, LA8 8HR
Public House and premises Decided 16 May 2022 CHG100161988 Altus Group - Oakland - Manchester
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 for a reduced rateable value of £69,000 based on lower percentages of fair maintainable trade (FMT) and a 30% allowance for over-trading, citing comparable properties and the operator's awards. The Valuation Officer maintained that £109,500 was reasonable based on actual trade figures and comparable evidence including The Watermill Inn. The tribunal found the VO's FMT assessment reasonable and rejected most comparables as based on estimated rather than actual trade figures. However, recognising that the appellant's five Cumbria Life dining pub of the year awards demonstrated over-trading beyond a reasonably efficient operator, the tribunal allowed the appeal in part by reducing the value by 10% (to £98,500) to reflect this exceptional performance.
Summary generated from the decision text and checked against it. The appellant was Noble View Limited, represented.
Grounds argued
- Trading receipts (pubs, hotels)
- Valuation method
- Quantum or end allowance · decisive
- Evidence
- Trading accounts, tone_of_list_comparables
- Cases cited
- Pheasant Inn and Mr Richie Roberts (Valuation Officer)
- Hearing
- 20 April 2022
Similar decisions
- Woodlands Hotel, Woodlands Hotel And Pine Lodges, Meathop, Meathop, LA11 6RB — Allowed in part, 3 Feb 2023
- The Pheasant Inn, Flookburgh Road, LA11 7RQ — Dismissed, 28 Nov 2022
- Holmescales Riding Centre, Old Hutton, LA8 0NB — Dismissed, 21 May 2022
- The Rowan Tree Riverside Tea Garden and Restaurant, Stock Lane, Grasmere, Grasmere, LA22 9SJ — Dismissed, 27 Oct 2020
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