Tribunals · London Borough of Camden · 2017 rating list

Shop And Premises At Basement And Ground Floor, 144 Camden High Street, NW1 0NE

Restaurant and premises Decided 22 June 2022 CHG100171796 Gerald Eve LLP - A Schorb

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

Original RV£94,000£1000/m²

Ratepayer sought£75,000

VO conceded first—

Tribunal decided£83,500£890/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 argued that the original RV of £94,000 (based on £1,000/m2) was excessive, citing the property's rent of £80,000 (£856/m2) and comparable properties on Camden High Street valued at lower rates. The tribunal found that Ground Floor, 102 Camden High Street at £810/m2 was the most reliable comparable, and rejected the appellant's argument that rents had fallen 32% without sufficient evidence. The tribunal concluded the main space price should be £890/m2, resulting in an RV of £83,500, allowing the appeal in part.

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