Tribunals · Huntingdonshire District Council · 2017 rating list

Centrado Trading Limited, 2 Stonehill, PE29 6ED

Factory and premises Decided 23 November 2022 CHG100537285 Colliers International - Erich Andreas Gutt

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

Original RV£146,000£38/m²

Ratepayer sought£105,000

VO conceded first£134,000−8% before the hearing

Tribunal decided£115,000from 1 Apr 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 rateable value of £134,000 was excessive due to poor layout, low warehouse eaves height, obsolete services, and excessive office space, seeking a reduction to £105,000. The tribunal found that the rent agreed in February 2015 between professionally represented parties was the best evidence, being very close to the antecedent valuation date and on a full repairing and insuring basis. The tribunal analysed the rent over the six-year term and allowed the appeal in part, reducing the valuation to £115,000.

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