Tribunals · City of London Corporation · 2017 rating list

RM 4.04 4TH FLR, 80 Coleman Street, EC2R 5BJ

Offices and premises; serviced offices Decided 29 July 2025 CHG100352477 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, arguing the tone of list was too high and that building works caused material change of circumstances. The parties extensively discussed the appeals pre-hearing and reached agreements: reducing the main rate from £395 to £380 per m², applying a 4% allowance for MCC disturbance from 1 April 2017, and an additional 4% (total 8%) for MCC disturbance from 14 August 2017 until 15 October 2020. The tribunal ratified these agreed values for all properties.

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

Grounds argued

  • Comparable assessments (tone)
  • Change of circumstances
  • Building works or disturbance nearby
Change of circumstances
building works
Evidence
None from the ratepayer
Hearing
17 July 2025

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