Tribunals · City of London Corporation · 2017 rating list

RM 1.10 1ST FLR, 80 Coleman Street, EC2R 5BJ

Offices and premises Decided 29 July 2025 CHG100352453 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 brought 146 appeals regarding serviced offices at 80 Coleman Street, London in the 2017 rating list, challenging the rateable values on various grounds including material change of circumstances (MCC) arising from building works. Prior to the hearing, the parties agreed to reduce the tone from £395 per m² to £380 per m², with a 4% allowance for MCC on 1 April 2017 and an additional 4% allowance (total 8%) for MCC on 14 August 2017 through 14 October 2020. The tribunal ratified the agreed valuations by spreadsheet submitted by the appellant, which were confirmed by the respondent Valuation Officer within 24 hours of the hearing.

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