Tribunals · City of London Corporation · 2017 rating list

PT GND FLR 15, FETTER LANE, EC4A 1BR

Office and premises Decided 14 July 2026 CHG100175932 Luke Longley

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

Original RV£215,000£575/m²

Ratepayer sought£181,000

VO conceded first—

Tribunal decided£206,000£550/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 ground floor office in London, seeking a tone of £485/m² (RV £181,000) against the original assessment of £575/m² (RV £215,000). The tribunal accepted that the original tone was excessive and not adequately justified relative to comparable properties. Applying Lotus & Delta v Culverwell principles and placing particular weight on 90 Fetter Lane which achieved a higher rent but was assessed at £550/m², the tribunal determined the appropriate tone should be £550/m² (RV £206,000), allowing the appeal in part.

Summary generated from the decision text and checked against it. The appellant was Learning Technologies Group (UK) Limited, represented.