Tribunals · City of London Corporation · 2017 rating list

RM 210 2ND FLR, 80 COLEMAN STREET, EC2R 5BJ

Offices and premises Decided 29 July 2025 CHG100348169 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

A total of 146 appeals were brought by Beaumont Business Centres Ltd regarding serviced office units in a multi-storey office building. The parties reached agreement prior to the hearing that the valuation tone should be reduced from £395 per m² to £380 per m², with a 4% allowance applied for material change in circumstance (building works disturbance) effective 1 April 2017, and an additional 4% allowance (total 8%) for further disturbance from 14 August 2017 to 15 October 2020. The tribunal ratified the agreed valuations for all 146 appeals on the basis of revised values submitted by the appellant.

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