Tribunals · City of London Corporation · 2017 rating list

RM 302 3RD FLR, 80 Coleman Street, EC2R 5BJ

Offices and premises Decided 29 July 2025 CHG100348134 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 146 compiled list entries and subsequent notices of alteration for serviced offices. The parties agreed in principle but could not agree detailed revised valuations before the hearing. At the hearing, the appellant submitted a spreadsheet with revised values applying: a reduction in main rate from £395/m² to £380/m²; a 4% allowance for MCC disturbance at 1 April 2017; and an 8% total allowance for building works disturbance from 14 August 2017 to 15 October 2020. The tribunal ratified these agreed values after the respondent confirmed agreement with all valuations within 24 hours.

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

Grounds argued

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

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