Regenerate-It, 30 High Street, DN1 1DW
Shop and premises Decided 2 February 2022 CHG100347406 ALAN JOHN POWELL/Powells Business Ratings Specialists
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 RV of the shop and premises from £20,500 to £15,300 based on a Zone A value of £198/m2, arguing that rental values had collapsed since 2008 and citing comparable settlements and evidence from other High Street properties. The tribunal found that the appellant had provided no direct rental evidence for the appeal property and that the comparable settlements cited were not in the same parade of shops. The tribunal concluded that the Zone A rate of £300/m2 adopted by the VO was not excessive and dismissed the appeal, confirming the RV of £20,500.
Summary generated from the decision text and checked against it. The appellant was Wickframe Limited, represented.
Grounds argued
- Comparable assessments (tone)
- Rental evidence
- Evidence
- Settled assessments
- Cases cited
- Lotus and Delta v Culverwell
- Hearing
- 25 January 2022
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