Tribunals · Warwick District Council · 2017 rating list

The Works Stores Ltd, 7 Royal Priors Lower Mall, CV32 4XU

Shop and premises Decided 10 September 2021 CHG100394050 Lambert Smith Hampton - D Bullimore

OutcomeAllowed in partThe tribunal reduced the rateable value, but by less than the ratepayer sought.

Original RV£41,000£560/m²

Ratepayer sought£16,750

VO conceded first£39,500−4% before the hearing

Tribunal decided£37,250£560/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 argued that the subject rent of £37,346 inclusive of service charge and insurance supported a zone A price of £250 per m2 and RV of £16,750. The VO contended the £560 per m2 zone A price was correct, supporting £37,750 RV. The tribunal found the zone A price of £560 per m2 correct based on the general tone of comparable rents on the lower ground floor, but allowed the appeal in part by removing an unjustified 2.5% uplift for sprinklers, reducing the RV to £37,250.

Summary generated from the decision text and checked against it. The appellant was The Works Stores Ltd, represented.

Grounds argued

Rental evidence
Comparable assessments (tone) · decisive

Evidence: Rents, Settled assessments
Cases cited: Lotus & Delta v Culverwell
Hearing: 16 August 2021

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The tribunal’s decision in full

Download the PDF · Find it on valuationtribunal.gov.uk