Active Kids Nursery, 8 West Way, BN3 8LD
Day Nursery and Premises Decided 22 July 2022 CHG100175142 JMA Chartered Surveyors
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, through their surveyor, argued for a rental-based assessment of £100/m² (approximately £22,000 RV) using the property's actual stepped rent adjusted to the antecedent valuation date via straight-line calculation. The Valuation Officer, supported by the tribunal, relied on a basket of comparable rents and assessments for similar day nurseries in the area, supporting a unit price of £150/m² (£32,500 RV). The tribunal found that while the subject rent was a starting point under Lotus and Delta principles, its distance from the AVD and the requirement for adjustment meant greater weight should be given to the basket of comparable rents, which reasonably supported the £150/m² adopted valuation as fair and reflective of the property's location and characteristics.
Summary generated from the decision text and checked against it. The appellant was Amin Group Ltd, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone)
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus and Delta Ltd v Culverwell; Specialeyes Plc v Felgate
- Hearing
- 23 June 2022
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