Tribunals · City of London Corporation · 2017 rating list

RM 1.02 1ST FLR, 80 Coleman Street, EC2R 5BJ

Offices and premises Decided 29 July 2025 CHG100352450 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 valuations of 146 serviced office suites in the 2017 rating list, raising issues relating to tone of the compiled list and material change in circumstances from building works disturbance. The parties agreed a reduction in the main rate from £395 per m² to £380 per m² with 4% allowance for building works disturbance effective 1 April 2017, and an additional 4% allowance (8% total) for the period 14 August 2017 to 15 October 2020. The tribunal ratified these agreed values in Schedule 2, allowing the appeals in part.

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