147, KINGS ROAD, SW3 5TX
Shop and Premises Decided 4 April 2023 CHG100411493 Ryan
Figures are as stated in the decision, and are values in the 2017 list; a dash means the document does not state that figure. This judgement decided 2 properties together; the figures above are for this appeal's property (147 Kings Road, London, SW3 5TX). Every property is listed below.
The 2 properties in this decision
One judgement covered all of these appeals. Each property’s figures as the judgement states them (2017 list); this appeal’s property is highlighted.
| Property | Original RV | Sought | Tribunal decided | Outcome |
|---|---|---|---|---|
| 147 Kings Road, London, SW3 5TXThis appeal | £77,500 | — | £72,500 | Allowed in part |
| 149 Kings Road, London, SW3 5TX | £75,500 | — | £70,500 | Allowed in part |
What was argued and what the tribunal found
The appellants argued that the rateable values of the two retail units at 147 and 149 Kings Road were excessive and should be reduced based on rental evidence. The tribunal considered competing rental evidence and comparable assessments within the same parade, finding that the established tone of value had not been settled. The tribunal determined that rental evidence provided the best basis for valuation, placing most weight on rent at 151 Kings Road agreed close to the AVD. The tribunal reduced the tone of value to £2,150 per m² ITZA, resulting in reductions of £5,000 and £5,000 respectively, allowing the appeals in part.
Summary generated from the decision text and checked against it. The appellant was Lucas Hugh Ltd, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone)
- Evidence
- Rents, tone_of_list_comparables
- Cases cited
- Lotus and Delta v Culverwell; Gardiner & Theobald LLP v David Jackson
- Hearing
- 6 March 2023
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