10 Lister Gate, NG1 7DD

What was argued and what the tribunal found

The appellant argued for a 20% allowance to the rateable value of this Nottingham city centre shop to reflect the severe impact of the closure and demolition of the Broadmarsh car park and bus station which reduced footfall on Lister Gate. The Valuation Officer had applied only 5%. The tribunal found that whilst the closure had negatively affected rental values in the area, as evidenced by significant rent reductions at comparable properties and trade falls of around 25%, an allowance of 20% was not supported by the evidence. The tribunal determined that a 15% allowance was adequate, consistent with a comparable tribunal decision for 40-42 Bridlesmith Gate, reducing the RV to £101,000 with effect from 10 July 2017.

Summary generated from the decision text and checked against it. The appellant was EE Limited, represented.

Grounds argued

• Change of circumstances
• Quantum or end allowance · decisive

Change of circumstances

closure and demolition of Broadmarsh car park and bus station

Evidence

Rents, Trading accounts, Earlier tribunal decisions

Cases cited

GPS Ltd & others v Bird (VO) [2011] RA 20 to 26; Lotus and Delta v Culverwell (VO) & Leicester City Council [1976] RA 141; Gardiner & Theobald LLP v David Jackson (VO) [2018] UKUT 0253 (LC)

Hearing

17 February 2023

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• Fatface, 7 Bridlesmith Gate, NG1 2GR — Dismissed, 29 Jul 2024
• 37 Lister Gate, NG1 7EE — Allowed in part, 7 Mar 2023
• River Island 11-13 Lister Gate, NG1 7DE — Allowed in part, 7 Mar 2023
• Clinton Cards Unit 2 28-30 Lister Gate, NG1 7DD — Allowed in part, 7 Mar 2023

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