Tribunals · Royal Borough of Kensington and Chelsea · 2017 rating list

UNIT 301 GRAND UNION STUDIOS, 332 LADBROKE GROVE, W10 5AD

Office and premises Decided 8 January 2025 CHG100663017 Altus Group - Oakland - Manchester

OutcomeAllowed in partThe tribunal reduced the rateable value, but by less than the ratepayer sought.
Original RV£223,000£400/m²
Ratepayer sought£173,000
VO conceded first—
Tribunal decided£209,000£375/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 sought a reduction from £223,000 (£400/m²) to £173,000 (£310/m²) for a serviced office in a multi-let Workspace building. The appellant argued that rental evidence from the subject property and comparable units supported £310/m². However, the tribunal found the rental evidence too remote from the antecedent valuation date (19 months) and preferred to rely on comparable hereditaments. The tribunal concluded that Westbourne Studios and Canalot Production Studios, both refurbished workspace offices valued at £375/m², were sufficiently comparable despite their older age, and fixed the value at £209,000 (£375/m²) accounting for the subject property's inferior location relative to transport links.

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

Grounds argued

  • Comparable assessments (tone) · decisive
  • Rental evidence
Evidence
Rents, comparable_hereditaments
Cases cited
Gardiner & Theobald LLP v David Jackson (VO) [2018] UKUT 0253 (LC); Bunyan (VO) v Acenden Limited [2023] UKUT 17 (LC)
Hearing
9 December 2024

Similar decisions

All decisions in Royal Borough of Kensington and Chelsea · Offices nationally

Is your own rateable value in line?

A free check compares a property with the assessments around it and says plainly whether there is anything worth pursuing.

Check a property

The tribunal’s decision in full

Download the PDF · Find it on valuationtribunal.gov.uk

Decision © Crown copyright, published by the Valuation Tribunal Service under the Open Government Licence v3.0 and reproduced unaltered. This site does not index the names of private individuals that appear in decisions. Information, not advice.