Tribunals · City of London Corporation · 2017 rating list

RM 205-206 2ND FLR, 80 COLEMAN STREET, EC2R 5BJ

Offices and premises; serviced offices Decided 29 July 2025 CHG100352458 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 2017 rating list values for 146 serviced office units, arguing the tone of the list was too high and that material changes of circumstances arising from building works affected the properties. The parties reached agreement prior to the hearing and presented agreed valuations to the tribunal for ratification. The tribunal ratified the agreed values which incorporated a reduction in the tone from £395 to £380 per m² and allowances of 4% to 8% for the disturbance caused by building works on various dates between April 2017 and October 2020.

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