PENNINE WEAVERS LTD, NORTH BECK MILLS,, BECKS ROAD, BECKS ROAD, BD21 1SD
Mills and premises Decided 14 July 2023 CHG100616839 Altus Group - Oakland - Manchester
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 challenged the rateable value of £89,500 based on the 2017 rating list, proposing £48,750, citing a lower comparable price per m2 (£11.30 vs £18.77) and arguing the subject rent was agreed between connected parties and therefore unreliable, plus claiming a 5% end allowance for access should be reinstated. The tribunal accepted that the subject rent had been agreed at open market value despite the connected parties, found the adopted price of £18.77 per m2 was supported by comparable rental evidence from similar-sized properties in the same valuation scheme, but agreed that the 5% end allowance for access should be reinstated as it had existed in the 2010 list and the access restriction remained unchanged. The appeal was allowed in part, resulting in a revised RV of £85,000.
Summary generated from the decision text and checked against it. The appellant was Pennine Weavers Ltd, represented.
Grounds argued
- Comparable assessments (tone) · decisive
- Quantum or end allowance
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus and Delta v Culverwell; Martyn Lamb (Valuation Officer) and Go Outdoors Ltd; Barnard & Barnard v Walker (Valuation Officer)
- Hearing
- 28 June 2023
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