Tribunals · City of London Corporation · 2017 rating list

RM 301 3RD FLR, 80 Coleman Street, EC2R 5BJ

Offices and premises Decided 29 July 2025 CHG100352469 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 (Beaumont Business Centres Ltd) challenged 146 assessments for serviced offices at 80 Coleman Street, London, on the basis of tone of list and material change of circumstances caused by building works disturbance. The parties agreed in principle before the hearing and reached detailed valuations at the hearing itself, which the tribunal ratified. The agreements involved reducing the main rate from £395/m² to £380/m² and applying allowances of 4% (from 1 April 2017) and an additional 4% (from 14 August 2017 to 14 October 2020) to reflect building works disturbance.

Summary generated from the decision text and checked against it. The appellant was BEAUMONT BUSINESS CENTRES LTD, represented.