Tribunals · City of London Corporation · 2017 rating list

RM 1.09 1ST FLR, 80 Coleman Street, EC2R 5BJ

Offices and premises Decided 29 July 2025 CHG100352452 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 suites, arguing for a lower valuation methodology and claiming material change in circumstances due to building works disturbance. The parties agreed to reduce the main rate from £395/m² to £380/m² with 4% allowance for disturbance on 1 April 2017, and an additional 4% allowance (total 8%) for disturbance from 14 August 2017 to 14 October 2020. The tribunal ratified the agreed valuations for all appeals.

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