SE50, GLOUCESTERSHIRE AIRPORT,, STAVERTON,, GL51 6SP
Hangar and Premises Decided 4 April 2023 CHG100547682 Jones Lang LaSalle - Chris Pockett
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 unit price of £52 per m2 (adjusted to £50.70 per m2 for lack of heating) was excessive and should be reduced to £25 per m2 based on comparable hangars at the same airport. The tribunal found the original assessment unreasonable. Weighing rental evidence from comparable properties (SE3, SE13, and SE47) which supported rates ranging from £42.71 to £46.83 per m2, and considering the subject property's larger size, the tribunal determined an unadjusted rate of £42 per m2 was appropriate, reducing the RV from £83,500 to £67,500.
Summary generated from the decision text and checked against it. The appellant was Sky Park UK, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone)
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus and Delta v Culverwell
- Hearing
- 6 March 2023
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