Tribunals · City of London Corporation · 2017 rating list

RMS 4.05 & 4.06 4TH FLR 80, COLEMAN STREET, EC2R 5BJ

Offices and premises Decided 29 July 2025 CHG100348189 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 for serviced offices, arguing for reductions due to material change of circumstances from building works. The parties agreed in principle before the hearing and ratified agreed valuations based on a revised tone of £380 per m² (down from £395 per m²) with 4-8% allowances reflecting building works disturbance from 1 April 2017 to 15 October 2020. The tribunal ratified these agreements.

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