Tribunals · London Borough of Bexley · 2017 rating list

UNIT 21 BOURNE INDUSTRIAL PARK, BOURNE ROAD, DA1 4BZ

Warehouse and premises Decided 8 June 2022 CHG100162226 Altus Group - Oakland - Manchester

OutcomeAllowed in partThe tribunal reduced the rateable value, but by less than the ratepayer sought.

Original RV£69,000£105/m²

Ratepayer sought£62,250

VO conceded first—

Tribunal decided£62,250£95/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 rateable value of a warehouse property assessed at £69,000 RV (£105/m²). The appellant analysed rental evidence from comparable properties on the same industrial park, particularly new leases agreed close to the antecedent valuation date, and proposed a rate of £95/m². The tribunal found the subject rent (a renewal further from the AVD) was less reliable than comparable new lettings, attached greatest weight to Unit 22 (agreed within weeks of the AVD), and concluded that £95/m² was reasonable based on the basket of evidence presented.

Summary generated from the decision text and checked against it. The appellant was Civica UK Ltd, represented.