Tribunals · Preston City Council · 2017 rating list

Ground Floor, 5 Fleet Street, PR1 2UT

Shop and premises Decided 8 September 2022 CHG100349144 Ken Batty Chartered Surveyors - Sara

OutcomeDismissedThe appeal failed and the rateable value was left unchanged.

Original RV£15,250

Ratepayer sought£4,400

VO conceded first—

Tribunal decided£15,250£250/m²

Figures are as stated in the decision; a dash means the document does not state that figure.

What was argued and what the tribunal found

The appellant contended the ground floor of a unit on Fleet Street should be valued as an office at £70/m2 (proposing RV of £4,400) rather than as retail with retail zoning (RV £15,250). The tribunal found the hereditament was a retail unit, supported by its large display windows on two frontages and marketing materials advertising it as retail space. Comparable retail rents at nearby properties supported the adopted Zone A rate of £250/m2, and the appellant provided no evidence of lower rents. The appeal was dismissed as the respondent's valuation was reasonable.

Summary generated from the decision text and checked against it. The appellant was Fleet Street Investments Ltd, represented.