Tribunals · City of London Corporation · 2017 rating list

RM 208 2ND FLR, 80 COLEMAN STREET, EC2R 5BJ

Offices and premises Decided 29 July 2025 CHG100352460 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 146 serviced office assessments on various grounds. The parties reached comprehensive agreements before the hearing which the tribunal ratified. The main rate was reduced from £395 to £380 per m², with additional allowances of 4% effective 1 April 2017 and 8% total effective 14 August 2017 to 15 October 2020 to reflect building works disturbance. The tribunal confirmed it had power under Regulation 38(7) to apply reductions for a finite period coinciding with the duration of the building works.

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