2nd Flr 20 Old Bailey, EC4M 7AN
Office and Premises Decided 31 July 2025 CHG100547691 Knight Frank - Bjorn Bowles
Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 12 properties; the figures shown are for the first listed.
What was argued and what the tribunal found
The appellants challenged the unadjusted base rate of £525 psm in the 2017 Rating List for multiple office floors at 20 Old Bailey, London, arguing for £475 psm (later revised from £450 psm). The tribunal heard rental evidence from within the subject building and comparable properties (10 Old Bailey at £480 psm and 60 Ludgate Hill at £550 psm), as well as analysing the physical differences of the subject property. The tribunal found the current RV unreasonable and determined that an unadjusted base rate of £500 psm was reasonable, reflecting the subject property's position between the comparable properties, and reduced the RVs accordingly.
Summary generated from the decision text and checked against it. The appellant was Metro Bank plc, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone)
- Evidence
- Rents, Settled assessments, Photographs
- Cases cited
- Dawn Bunyan (VO) v Acenden Limited [2023] UKUT 17 (LC); Gardiner & Theobald LLP v David Jackson (VO) [2018] UKUT 0253 (LC); Denton v TH White Ltd [2014] EWCA Civ 906
- Hearing
- 1 July 2025
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