Tribunals · London Borough of Havering · 2017 rating list

Unit B1, Suttons Business Park, RM13 8DE

Warehouse and premises Decided 22 July 2022 CHG100174889 JMA Chartered Surveyors

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

Original RV£38,000£86.35/m²

Ratepayer sought£25,000

VO conceded first£33,500−12% before the hearing

Tribunal decided£27,500£70/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 the assessment was excessive and should be reduced to £25,000 RV based on a market rental valuation analysed to approximately £65/m2 and comparable properties. The tribunal found the Valuation Officer's rate of £86.35/m2 was excessive, particularly given that settlement evidence showed Unit C3 Suttons Business Park (a smaller property) agreed at £80/m2. The tribunal determined that £70/m2 was reasonable for the larger appeal property, reducing the assessment to £27,500 RV to reflect quantum differences with comparable units.

Summary generated from the decision text and checked against it. The appellant was Members Only Clothing, represented.