Tribunals · Birmingham City Council · 2017 rating list

51, NEW STREET, B2 4EG

Shop and premises Decided 29 June 2023 CHG100564675 Altus Group - Oakland - Manchester

OutcomeDismissedThe appeal failed, leaving the value at the figure the Valuation Officer had already conceded.

Original RV£78,000£1500/m²

Ratepayer sought£64,500

VO conceded first£77,500−1% before the hearing

Tribunal decided£77,500£1500/m²

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 contended that the Zone A price of £1,500 per m2 was excessive and proposed £1,250 per m2, reducing the RV to £64,500. The tribunal found that the present tone of £1,500 per m2 was reasonable, being supported by the subject rent of £75,000 pa (analysing at £1,440.37 per m2) and the basket of comparable evidence, which contained numerous rents analysing above the tone. The appeal was dismissed and the RV of £77,500 confirmed.

Summary generated from the decision text and checked against it. The appellant was Flight Centre UK Ltd, represented.