Tribunals · City of London Corporation · 2017 rating list

RM 4.07 4TH FLR, 80 Coleman Street, EC2R 5BJ

Offices and premises Decided 29 July 2025 CHG100348170 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 compiled list appeal for 146 serviced office units affected by building works. The parties reached agreement on revised values reflecting reduction of the main tone from £395/m² to £380/m² (subject to serviced office uplifts) and applying 4% allowance for MCC disturbance as at 1 April 2017 and a further 4% (total 8%) for disturbance from 14 August 2017 to 15 October 2020. The tribunal ratified these agreed values in accordance with Regulation 38(7) SI 2009/2269, which permitted the reduction for the finite period during which the building works caused circumstances affecting value.

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