Tribunals · London Borough of Hillingdon · 2017 rating list

14 & 15 SAXON WAY, UB7 0LW

Warehouse and premises Decided 9 August 2021 CHG100396891 Altus Group - Oakland - Manchester

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

Original RV£122,000£90/m²

Ratepayer sought£97,500

VO conceded first£116,000−5% before the hearing

Tribunal decided£116,000£90/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 the rateable value should be reduced from £116,000 to £97,500 by applying an unadjusted rate of £75/m² rather than £90/m² based on analysis of comparable properties on Saxon Way. The tribunal found insufficient evidence to demonstrate the rateable value was excessive; while the VO's comparable properties (7 Saxon Way, others) were generally smaller, the subject property's passing rent of £146,160 and the VO's comparable 1 & 2 Saxon Way at £90/m² supported the £116,000 assessment.

Summary generated from the decision text and checked against it. The appellant was LHR Global Logistics Ltd, represented.