Sneyd Arms, Hanley Road, ST1 6BE
Public House and Premises Decided 17 May 2022 CHG100581923 BNP Real Estate - Birmingham
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 (Greene King PLC) argued that the Sneyd Arms' rateable value should be reduced from £81,500 to £35,500 due to declining trade caused by the opening of two competing pubs (Chatterley Whitfield in 2014 and Brindley Farm in 2016), relying on trading accounts showing continuous turnover decline. The tribunal found that the impact of both new pubs would have been largely reflected in trading figures at or near the antecedent valuation date of 1 April 2015, and comparative evidence from nearby establishments (The Furlong and China Garden) showed minimal impact from the new pubs' openings, undermining the appellant's contention that only the Sneyd Arms was affected. The tribunal upheld the VO's conservative fair maintainable trade assessment and valuation methodology, dismissing the appeal with the RV remaining at £81,500.
Summary generated from the decision text and checked against it. The appellant was Greene King PLC, represented.
Grounds argued
- Rental evidence · decisive
- Change of circumstances
- Valuation method
- Change of circumstances
- new pubs opening
- Evidence
- Trading accounts
- Hearing
- 26 April 2022
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