Tribunals · City of London Corporation · 2017 rating list

RM 502 5TH FLR, 80 Coleman Street, EC2R 5BJ

Offices and premises; serviced offices Decided 29 July 2025 CHG100352484 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, London on various grounds including tone of list comparables and material change of circumstances due to building works. The parties reached extensive agreements in principle before the hearing, agreeing to reduce the main tone from £395/m² to £380/m² and apply allowances of 4% for building works from 1 April 2017 and 8% from 14 August 2017 to 14 October 2020. The tribunal ratified the parties' agreed valuations as set out in the revised spreadsheet.

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