Tribunals · City of London Corporation · 2017 rating list

RM 210 2ND FLR, 80 COLEMAN STREET, EC2R 5BJ

Offices and premises Decided 29 July 2025 CHG100352462 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 assessments within a serviced offices building on grounds including tone of the list and material change of circumstances relating to building works and disturbance. The parties reached agreements in principle and at the hearing agreed to reduce the main rate from £395 per m² to £380 per m², apply a 4% allowance for MCC disturbance from 1 April 2017, and an additional 4% allowance (total 8%) for disturbance from 14 August 2017 to 15 October 2020. The tribunal ratified these agreed values in accordance with Regulation 38(7) of the VTE Procedure Regulations 2009, which permitted ordering reductions for a finite period reflecting the duration of the circumstances giving rise to the alteration.

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