9 George Street, BB7 9TH
Shop and Premises Decided 27 March 2023 CHG100620365 Matthews & Goodman - Jonathan Young
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 that the RV of £38,500 was unreasonable and proposed £18,500 based on the actual rent passing on the property of £17,500. The Tribunal found that the actual rent on the appeal property provided the best evidence, as it was an arms length lease with professional representation on the AVD. The Tribunal rejected the Valuation Officer's comparable evidence from Bridge Stores Limited as the appeal property was an older, end-terrace property at the end of a cul-de-sac with limited parking, unlike the comparables. The Tribunal determined a price of £52.60/m² was fair and reasonable, resulting in an RV of £18,500.
Summary generated from the decision text and checked against it. The appellant was James Hall And Company (Properties) Limited, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone) · decisive
- Valuation method
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus and Delta v Culverwell; Gardiner & Theobald LLP v David Jackson
- Hearing
- 10 March 2023
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