Tribunals · City of London Corporation · 2017 rating list

12th Flr 2, London Wall Place, EC2Y 5AU

Office and premises Decided 29 May 2025 CHG100520944 CBRE - Tim Johnson

OutcomeAllowed in partThe tribunal reduced the rateable value, but by less than the ratepayer sought.

Original RV—£575/m²

Ratepayer sought—

VO conceded first—

Tribunal decided£610,000£550/m²

Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 9 properties; the figures shown are for the first listed.

What was argued and what the tribunal found

Multiple appellants challenged the Valuation Officer's base rate assessment of £575/m² (including £25 fit-out), seeking £515/m². The parties reached an agreement at the hearing on a base rate of £550/m² with 1% and 2% additions for the 15th and 16th floors respectively for view. The tribunal ratified this agreed rate as reasonable based on the evidence and submissions provided.

Summary generated from the decision text and checked against it. The appellant was Kete Kokoladze & Others, represented.