Tribunals · City of London Corporation · 2017 rating list

RM 3.03 3RD FLR, 80 Coleman Street, EC2R 5BJ

Offices and premises; serviced offices Decided 29 July 2025 CHG100352471 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 at 80 Coleman Street on grounds including tone of value, material change of circumstances relating to adjacent building works, and effective dates. The parties reached agreement on the valuations prior to the hearing, applying a revised tone of £380 per m² (reduced from £395 per m²) and 4-8% allowances for building works disturbance during various periods. The tribunal ratified these agreed valuations, finding it had jurisdiction to order the allowances for a finite period reflecting the duration of the building works.

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