149, KINGS ROAD, SW3 5TX
Shop and Premises Decided 4 April 2023 CHG100206882 Ryan
Figures are as stated in the decision, and are values in the 2017 list; a dash means the document does not state that figure. This judgement decided 2 properties together; the figures above are for this appeal's property (149 Kings Road, London, SW3 5TX). Every property is listed below.
The 2 properties in this decision
One judgement covered all of these appeals. Each property’s figures as the judgement states them (2017 list); this appeal’s property is highlighted.
| Property | Original RV | Sought | Tribunal decided | Outcome |
|---|---|---|---|---|
| 147 Kings Road, London, SW3 5TX | £77,500 | — | £72,500 | Allowed in part |
| 149 Kings Road, London, SW3 5TXThis appeal | £75,500 | — | £70,500 | Allowed in part |
What was argued and what the tribunal found
The appellants argued that the Zone A rate of £2,300/m² was excessive, citing rental evidence at 147 Kings Road of £1,895.73/m² and supporting lower comparable properties. The tribunal found that no established tone had been tested and therefore determined rental evidence provided the best guide. Having analysed rental comparables ranging from £1,864.35 to £2,676.93/m², the tribunal adopted a tone of £2,150/m² ITZA, reducing the valuations to £72,500 and £70,500 but not to the £2,000/m² sought by the appellants.
Summary generated from the decision text and checked against it. The appellant was Lucas Hugh Ltd, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone) · decisive
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus and Delta v Culverwell; Gardiner & Theobald LLP v David Jackson
- Hearing
- 6 March 2023
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