Keith Garages Ltd, Bicester Road, HP19 8AL
Car Showroom and Premises Decided 22 December 2022 CHG100414853 Avison Young (UK) Ltd
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 £310,000 for a dual-showroom car dealership with parking. The tribunal found that the lease rent of £240,000 per annum (effective 18 October 2015) was the best evidence available, as it contained an open market rental clause and the Valuation Officer had not sufficiently evidenced claims it was between connected parties. The tribunal considered other comparable car showrooms but found the subject property unique due to its dual-showroom configuration. The appeal was allowed and the RV reduced to £262,500.
Summary generated from the decision text and checked against it. The appellant was Jardine Motors Group Ltd, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone)
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus and Delta v Culverwell; Gardiner & Theobald LLP v David Jackson
- Hearing
- 23 November 2022
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