Tribunals · City of London Corporation · 2017 rating list

RM 3.04 3RD FLR, 80 Coleman Street, EC2R 5BJ

Offices and premises Decided 29 July 2025 CHG100352473 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

Beaumont Business Centres Ltd appealed 146 assessments for serviced offices in a multi-storey building, arguing for reductions based on material change of circumstances caused by building works disturbance and disputing the rental evidence adopted. The parties agreed before the hearing to reduce the main rate from £395 to £380 per m², apply a 4% allowance from 1 April 2017 and an additional 4% allowance from 14 August 2017 to reflect building works disturbance, with values reinstated from 15 October 2020. The tribunal ratified these agreed valuations.

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