Tribunals · City of London Corporation · 2017 rating list

RM 4.03 4TH FLR, 80 Coleman Street, EC2R 5BJ

Offices and premises Decided 29 July 2025 CHG100352476 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 at a serviced office building on the basis of tone of list and material change of circumstances from building works. The parties reached agreements prior to hearing and presented revised valuations to the tribunal. The tribunal ratified the agreements, applying a reduced main rate of £380 per m² (from £395 per m²) with 4% allowance for building works disturbance from 1 April 2017, and an additional 4% allowance (total 8%) for works from 14 August 2017 until 15 October 2020.

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