Tribunals · Bedford Borough Council · 2017 rating list

UNIT 2, PROLOGIS PARK, ARENSON WAY, HOUGHTON REGIS, HOUGHTON REGIS, LU5 4RZ

Warehouse and premises Decided 17 April 2023 CHG100595772 Altus Group - Oakland - Manchester

OutcomeDismissedThe appeal failed, leaving the value at the figure the Valuation Officer had already conceded.
Original RV£1,620,000£56.95/m²
Ratepayer sought£1,490,000
VO conceded first£1,610,000−1% before the hearing
Tribunal decided£1,610,000£65/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 argued the property should be valued at £60/m² based on its age (13 years old) and inferior location compared to newer comparable properties, particularly noting distance from the M1. The tribunal dismissed the appeal, finding the appellant failed to discharge their burden of proof. The tribunal accepted the VO's comparable evidence of properties on the same industrial estate valued at £65/m², supported by analysed rental evidence, and found no evidential basis for the appellant's proposed £60/m² rate.

Summary generated from the decision text and checked against it. The appellant was 4PX Express UK Co Ltd, represented.

Grounds argued

  • Comparable assessments (tone)
Evidence
Rents, Settled assessments, Photographs
Cases cited
Lotus and Delta v Culverwell; Gardiner & Theobald LLP v David Jackson
Hearing
30 March 2023

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