Tribunals · City of London Corporation · 2017 rating list

RM 4.09 4TH FLR, 80 Coleman Street, EC2R 5BJ

Offices and premises; serviced offices Decided 29 July 2025 CHG100348318 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 the rateable values of 146 serviced office units, arguing that the tone of the list should be reduced from £395 per m² to £380 per m² and that material change of circumstance allowances should apply for building works disturbance on 1 April 2017 and 14 August 2017. The parties reached agreement before the hearing on all issues: the tribunal ratified the agreed values, which applied a main rate reduction to £380 per m² with a 4% allowance for building works from 1 April 2017 and an additional 4% allowance for the period 14 August 2017 to 14 October 2020.

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