Kentucky Fried Chicken, 25 Turnells Mill Lane, NN8 2RN
Restaurant and premises Decided 17 October 2022 CHG100336910 Jones Lang LaSalle eu
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 sought a reduction in the rateable value from £96,500 (£315/m²) to £72,000 (£290/m²) for the KFC restaurant at Turnells Mill Lane, Wellingborough, relying primarily on comparable rental evidence from a McDonald's property at 45 London Road. The tribunal found that the subject property's own passing rent of £90,000 per annum (reviewed in 2014), the Valuation Officer's comparable assessment evidence, and the appeal property's superior location at a busy road junction with no immediate competitors, all supported a main space price of £315/m². The appeal was dismissed and the assessment was confirmed at £82,500.
Summary generated from the decision text and checked against it. The appellant was Alderforce Ltd, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone)
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus and Delta v Culverwell
- Hearing
- 20 September 2022
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