Tribunals · Nottingham City Council · 2017 rating list

River Island 11-13 Lister Gate, NG1 7DE

Shop and premises Decided 7 March 2023 CHG100418607 GL Hearn Limited - Star 2017

OutcomeAllowed in partThe tribunal reduced the rateable value, but by less than the ratepayer sought.
Original RV£580,000
Ratepayer sought£405,000
VO conceded first£455,000−22% before the hearing
Tribunal decided£430,000from 10 Jul 2017

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 closure and subsequent demolition of the Broadmarsh car park and bus station warranted a 20% allowance for disturbance; the Valuation Officer argued for 10%. The tribunal found that the closure negatively affected rental values and hypothetical negotiations in the locality, and awarded a 15% allowance as a reasonable middle ground supported by rental evidence and comparison with a similar nearby property (40-42 Bridlesmiths Gate).

Summary generated from the decision text and checked against it. The appellant was River Island Clothing Co Limited, represented.

Grounds argued

  • Change of circumstances
  • Quantum or end allowance
Change of circumstances
closure and demolition of Broadmarsh car park and bus station
Evidence
Trading accounts, Rents, 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
Hearing
17 February 2023

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