Tribunals · City of London Corporation · 2017 rating list

RM G.01 GND FLR, 80 COLEMAN STREET, EC2R 5BJ

Offices and premises Decided 29 July 2025 CHG100348158 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 on the compiled list and subsequent VO notices, arguing the tone of list should be reduced and claiming material change of circumstances arising from building works disturbance. The parties reached agreements before the hearing to reduce the main rate from £395 per m² to £380 per m², apply 4% allowance at 1 April 2017 and 8% allowance from 14 August 2017 until 15 October 2020 for building works disturbance. The tribunal ratified the agreed valuations by spreadsheet after both parties confirmed their acceptance at the hearing.

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 · decisive
  • Building works or disturbance nearby
Change of circumstances
building works
Evidence
None from the ratepayer
Hearing
17 July 2025

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