Tribunals · City of London Corporation · 2017 rating list

RM 6.04 6TH FLR, 80 Coleman Street, EC2R 5BJ

Offices and premises Decided 29 July 2025 CHG100348322 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 company challenged 146 office unit assessments at 80 Coleman Street, London, on grounds of physical disturbance from building works. The parties reached agreements in principle pre-hearing, reducing the tone from £395/m² to £380/m² and applying 4-8% allowances for building work disturbance on different dates. The tribunal ratified the agreed valuations by spreadsheet submitted at the hearing, allowing the appeals in part as the reductions reflected the temporary impact of the building works.

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

Grounds argued

  • Building works or disturbance nearby
  • Change of circumstances
Change of circumstances
building works
Evidence
None from the ratepayer
Hearing
17 July 2025

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