Tribunals · City of London Corporation · 2017 rating list

RMS 305-306 3RD FLR 80, COLEMAN STREET, EC2R 5BJ

Offices and premises Decided 29 July 2025 CHG100348195 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

Appellant challenged rateable values of 146 serviced office units across multiple effective dates on grounds of material change of circumstances (building works disturbance). The parties reached detailed agreements before the hearing: reduction of the main tone from £395/m² to £380/m²; 4% allowance for MCC disturbance effective 1 April 2017; and 8% allowance (additional 4%) for MCC disturbance effective 14 August 2017 until 15 October 2020. The tribunal ratified these agreed valuations, allowing the appeals in part.

Summary generated from the decision text and checked against it. The appellant was BEAUMONT BUSINESS CENTRES LTD, represented.