Tribunals · City of London Corporation · 2017 rating list

RMS 1.07-1.08 AT 1ST FLR 80, COLEMAN STREET, EC2R 5BJ

Offices and premises Decided 29 July 2025 CHG100348180 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 rating assessments for serviced office units within a building subject to adjacent construction works. The parties extensively negotiated and agreed in principle to reduce the main rate from £395 to £380 per m², with additional allowances (4-8%) for material change in circumstance due to building works disturbance on specified dates. The tribunal ratified the agreed valuations as set out in the detailed schedule, applying the agreed reductions to the relevant periods.

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