37 Lister Gate, NG1 7EE
Shop and premises Decided 7 March 2023 CHG100425362 GL Hearn Limited - Star 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 closure of the Broadmarsh car park and bus station warranted a 20% allowance for the subject shop property on Lister Gate, claiming reduced footfall and empty units. The tribunal found that while the MCC did negatively impact rental values and was supported by trade evidence showing 17-34% falls, a 20% allowance was not fully supported by evidence. The tribunal allowed the appeal in part, awarding a 15% allowance (reducing RV to £47,000) as being adequate to reflect the severity of the redevelopment works in the locality.
Summary generated from the decision text and checked against it. The appellant was Holland and Barrett International Limited, represented.
Grounds argued
- Change of circumstances
- Quantum or end allowance
- Change of circumstances
- closure and demolition of 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; Gardiner & Theobald LLP v David Jackson (VO) [2018] UKUT 0253 (LC)
- Hearing
- 17 February 2023
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