GRD FLR FNT EAST, ALMACK HSE 28, KING STREET, ST JAMES, ST JAMES, SW1Y 6QW
Offices and premises Decided 14 February 2025 CHG100531841 Altus Group - Oakland - Manchester
Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 4 properties; the figures shown are for the first listed.
What was argued and what the tribunal found
The appellants argued that the VO's adopted price per square metre of £975/m² should be reduced to £800/m². The tribunal found that the appeal properties' assessments were reasonable based on rental evidence close to the antecedent valuation date and that they had been assessed at a lower price per square metre than settled appeals for neighbouring buildings at 23 and 33 King Street (both agreed at £1,000/m²). The tribunal was not persuaded by the appellants' argument that Almack House should have a lower valuation than its neighbours, due to insufficient evidence of internal differences and lack of clarity on the claimed distinctions.
Summary generated from the decision text and checked against it. The appellant was Findlay Park Partners LLP and Jordan International Bank PLC, represented.
Grounds argued
- Comparable assessments (tone)
- Evidence
- Rents, Settled assessments
- Hearing
- 15 January 2025
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