Tribunals · Coventry City Council · 2017 rating list

Poundworld, Unit B2, CV6 5QG

Warehouse and premises Decided 26 July 2022 CHG100340369 Colliers International/Colliers International - Birmingham

OutcomeDismissedThe appeal failed, leaving the value at the figure the Valuation Officer had already conceded.

Original RV£172,000£240/m²

Ratepayer sought£71,500

VO conceded first£142,000−17% before the hearing

Tribunal decided£142,000£200/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 (Poundland Limited) argued that the rateable value of Unit B2 at Gallagher Retail Park was excessive and sought a reduction to £71,500 based on a unit rate of £100/m². The tribunal found that the rental evidence was either too remote from the antecedent valuation date of 1 April 2015 or required excessive adjustments to be reliable, and that insufficient evidence existed to establish a pattern showing the adopted rate of £200/m² was incorrect for units in the 500-1,000m² size band at this retail park. The appeals were dismissed and the rateable value confirmed at £142,000.

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