Tribunals · City of Westminster · 2017 rating list

BST 29-35 RATHBONE STREET, W1T 1NJ

Gym and premises Decided 14 February 2022 CHG100640626 Altus Group - Oakland - Manchester

OutcomeAllowedThe tribunal reduced the rateable value.

Original RV£82,000£400/m²

Ratepayer sought£47,000

VO conceded first£59,000−28% before the hearing

Tribunal decided£47,000£230/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 contended the basement gym should be valued at £230/m2 (RV £47,000) rather than the agreed VO position of £290/m2 (RV £59,000), arguing the poor location, lack of visibility and quiet back-street setting would affect footfall compared to better-located comparables. The tribunal found good evidence that the appeal property should be valued at a lower base rate, relying on comparable properties of similar size (particularly 14A Beaumont Mews at £235/m2) which supported a lower valuation, and determined that £230/m2 was appropriate given the property's inferior location.

Summary generated from the decision text and checked against it. The appellant was The Boxing House, represented.