Tribunals · City of London Corporation · 2017 rating list

RM G.08 GND FLR, 80 COLEMAN STREET, EC2R 5BJ

Offices and premises Decided 29 July 2025 CHG100352505 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

Appellant challenged 146 serviced office assessments for a building at 80 Coleman Street on grounds including tone of comparable evidence and material change in circumstances arising from building works. The parties reached agreements in principle prior to hearing and confirmed at the hearing: reduction of main tone from £395/m² to £380/m², a 4% allowance for MCC disturbance at 1 April 2017, and an 8% allowance for MCC disturbance from 14 August 2017 to 15 October 2020. The tribunal ratified these agreed values in the revised assessments for all properties.

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