Tribunals · City of London Corporation · 2017 rating list

RM 6.02 6TH FLR, 80 Coleman Street, EC2R 5BJ

Offices and premises Decided 29 July 2025 CHG100348161 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 assessments in the 2017 rating list relating to serviced offices at 80 Coleman Street. The parties reached agreements in principle regarding the tone of the list (reduced from £395 to £380 per m²) and the application of material change of circumstances allowances (4% for building works effective 1 April 2017, and an additional 4% for building works effective 14 August 2017 to 15 October 2020). The tribunal ratified the parties' agreed valuations by spreadsheet, allowing the appeals in part.

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