Tribunals · London Borough of Hackney · 2017 rating list

Tuyo, 129A Pritchards Road, E2 9AP

Shop and premises Decided 7 September 2021 CHG100393919 Marston Associates - Martin Brownstone

OutcomeDismissedThe appeal failed, leaving the value at the figure the Valuation Officer had already conceded.

Original RV£41,000£600/m²

Ratepayer sought£23,000

VO conceded first£37,000−10% before the hearing

Tribunal decided£37,000£600/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 challenged the RV of £41,000, arguing the property should be in a different valuation scheme with a lower Zone A rate of £435/m2 and allowances for width-to-depth ratio and isolation totalling 22.5%, seeking £23,000. The tribunal found the passing rent of £45,000 agreed close to the antecedent valuation date was strong evidence supporting the applied Zone A rate of £600/m2. The tribunal accepted the VO's 10% allowance for the property's shape but rejected the isolation allowance, finding the property adequately benefits from proximity to Broadway Market despite being separated by road and canal. The tribunal dismissed the appeal, confirming the RV of £37,000.

Summary generated from the decision text and checked against it. The appellant was Mio Yatai Ltd T/A Tuyo, represented.