Tribunals · London Borough of Lambeth · 2017 rating list

239-241 Kennington Lane, SE11 5QU

Office and premises Decided 26 October 2023 CHG100371717 JMA Chartered Surveyors

OutcomeDismissedThe appeal failed and the rateable value was left unchanged.
Original RV£108,000£275/m²
Ratepayer sought£56,500
VO conceded first—
Tribunal decided£108,000£275/m²

Figures are as stated in the decision; a dash means the document does not state that figure.

What was argued and what the tribunal found

The appellant contended that the property's assessment of £108,000 RV (at £275/m²) was excessive and should be reduced to £56,500 RV (at £150/m²). The tribunal examined rental evidence and comparable properties cited by both parties. The tribunal found that whilst the rent passing (£175.79/m²) was agreed between connected parties and carried less weight, the comparable evidence did not support a reduction. The tribunal placed greatest weight on 359 Kennington Lane, a comparable on the same road with a rent at £323.20/m² valued at £275/m², and 7 Bishops Terrace at £230/m², both supporting the existing rate. The tribunal was not convinced the current main space rate of £275/m² was unreasonable and dismissed the appeal.

Summary generated from the decision text and checked against it. The appellant was Alton & Co, represented.

Grounds argued

  • Rental evidence
  • Comparable assessments (tone) · decisive
Evidence
Rents, Settled assessments, Earlier tribunal decisions, Photographs, Expert report
Cases cited
Lotus and Delta Ltd v Culverwell (VO) and Leicester City Council [1976]; Gardiner & Theobald LLP v David Jackson (VO) [2018] UKUT 0253 (LC)
Hearing
11 October 2023

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