Tribunals · City of London Corporation · 2017 rating list

RM 203 2ND FLR, 80 COLEMAN STREET, EC2R 5BJ

Offices and premises Decided 29 July 2025 CHG100348143 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 serviced office assessments in the 2017 list on grounds including material change of circumstances due to adjacent building works. The parties reached substantial pre-hearing agreement on revised valuations applying a main rate of £380 per m² with 4% allowance from 1 April 2017 and an additional 4% allowance (8% total) from 14 August 2017 until 15 October 2020 when the works were completed. The tribunal ratified the agreed values as submitted by the appellant.

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