T J Morris, Unit 1, BA16 0GX

What was argued and what the tribunal found

The appellant challenged the VO's valuation of £265,000 (subsequently amended from £257,500), proposing £228,000 based on a reduced tone of value for main space with a quantum allowance. The tribunal found clear evidence of a quantum allowance between the subject property (1867.80m2) and its neighbouring Pets at Home unit (557m2) on the same retail park with rents agreed on the same date. The tribunal determined the VO had insufficiently addressed quantum and relied too heavily on a comparable property over two miles away in a destination town. The tribunal adopted a main space rate of £120.00 per m2 as fair and reasonable, allowing the appeal in part to £238,000.

Summary generated from the decision text and checked against it. The appellant was TJ Morris Ltd, represented.

Grounds argued

• Rental evidence
• Quantum or end allowance · decisive
• Comparable assessments (tone)

Evidence

Rents, Settled assessments, Earlier tribunal decisions

Cases cited

Lotus and Delta v Culverwell; Gardiner & Theobald LLP v David Jackson

Hearing

8 February 2023

Similar decisions

• Co-Operative Group Ltd, 1 Fortescue Street, Norton St Philip, Norton St Philip, BA2 7PE — Dismissed, 17 Feb 2023

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