Tribunals · City of London Corporation · 2017 rating list

RM 4.07 4TH FLR, 80 Coleman Street, EC2R 5BJ

Offices and premises; serviced offices Decided 29 July 2025 CHG100352478 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 for serviced offices, arguing for a reduction in the tone of the list and allowances for material change in circumstances due to building works disturbance. The parties reached agreement before the hearing on reduced valuations applying a main rate of £380 per m² (down from £395 per m²) with 4% allowance for building works from 1 April 2017, and 8% allowance for the period 14 August 2017 to 15 October 2020. The tribunal ratified the agreed valuations as submitted by the appellant.

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