Tribunals · City of London Corporation · 2017 rating list

RM 3.07 3RD FLR, 80 Coleman Street, EC2R 5BJ

Offices and premises Decided 29 July 2025 CHG100348323 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 in a building complex on various grounds including tone and material change of circumstance from building works. The parties reached agreements before and at the hearing regarding reduced valuations based on a revised tone of £380 per m² (down from £395 per m²) with allowances of 4% for building works at 1 April 2017 and 8% total for building works at 14 August 2017. The tribunal ratified these agreed valuations.

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