Tribunals · City of London Corporation · 2017 rating list

RM G.04 GND FLR, 80 COLEMAN STREET, EC2R 5BJ

Offices and premises Decided 29 July 2025 CHG100348125 Avison Young (UK) Ltd

OutcomeAllowed in partThe tribunal reduced the rateable value, but by less than the ratepayer sought.
Original RV£28,750£395/m²
Ratepayer sought£27,000
VO conceded first—
Tribunal decided£27,000£380/m²

Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 146 properties; the figures shown are for the first listed.

What was argued and what the tribunal found

The appellant challenged assessments at 80 Coleman Street, a serviced office building, arguing that the rateable values should be reduced to reflect building works causing disturbance and that a lower tone of list valuation should be applied. The parties reached agreements in principle before the hearing and presented agreed revised valuations reducing the main rate from £395/m² to £380/m² with 4% allowance for MCC disturbance from 1 April 2017 and 8% allowance from 14 August 2017 to 15 October 2020. The tribunal ratified these agreements as presented.

Summary generated from the decision text and checked against it. The appellant was Beaumont Business Centres Ltd, represented.

Grounds argued

  • Valuation method
  • Comparable assessments (tone)
  • Change of circumstances
  • Building works or disturbance nearby
Change of circumstances
building works disturbance
Evidence
None from the ratepayer
Hearing
17 July 2025

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