Tribunals · Fareham Borough Council · 2017 rating list

20 Little Park Farm Road, PO15 5TD

Office and premises Decided 26 January 2022 CHG100287231 BNP Real Estate - Ian Allison

OutcomeDismissedThe appeal failed and the rateable value was left unchanged.

Original RV£26,250£145/m²

Ratepayer sought£20,000

VO conceded first—

Tribunal decided£26,250£145/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 company argued the rateable value of £26,250 was excessive and proposed £20,000 based primarily on the passing rent at the appeal property analysed to a unit price of £86.14-£117.65/m². The respondent Valuation Officer contended that a basket of rental evidence on similar offices in the locality should be considered, particularly the rent on comparable unit 10 analysed to £173.25/m², supporting a tone of £145/m². The tribunal dismissed the appeal, finding the existing unit price of £145/m² reasonable as unit 10 provided the best evidence of an open market rent close to the antecedent valuation date.

Summary generated from the decision text and checked against it. The appellant was Schneider Electric Limited, represented.