ENTORIA HOUSE, 23 CUMBERLAND AVENUE, NW10 7RX
Warehouse and premises Decided 11 October 2021 CHG100181750 Altus Group - Oakland - Manchester
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 distribution warehouse based on comparable rental evidence and tone of list analysis. The tribunal found that Unit 1 Ockham Drive, a similarly-sized property with a rental lease near the antecedent valuation date, provided strong supporting evidence for a lower valuation. The panel concluded that a unit annual rate of £87.50 per square metre (reducing the RV from £1,070,000 to £875,000) was more appropriate than the original £107 per square metre, applying the principles from Lotus and Delta v Culverwell regarding the weight to be given to rental evidence and comparable assessments.
Summary generated from the decision text and checked against it. The appellant was Enotria Winecellars Ltd, represented.
Grounds argued
- Comparable assessments (tone) · decisive
- Rental evidence
- Evidence
- Rents, tone_of_list_comparables
- Cases cited
- Lotus and Delta v Culverwell
- Hearing
- 13 September 2021
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