10 The Links, The Concord Centre, Shepherds Bush Green, W14 0DJ
Restaurant and premises Decided 16 October 2023 CHG100669447 Gerald Eve LLP - D Price
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 £28,250 (at £120 per m2) was excessive, proposing instead £20,000 based on the subject rent of £20,000 per annum. The tribunal found that although the subject rent was a starting point, the absence of full lease terms created uncertainty, and comparable evidence (Aroma Unit B at £500 per m2 with RV of £128,000) suggested the original valuation was reasonable. The appeal was dismissed as the appellant failed to demonstrate the valuation was unreasonable.
Summary generated from the decision text and checked against it. The appellant was Pizza Express (Restaurants) Limited, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone)
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus and Delta v Culverwell; Gardiner & Theobald LLP v David Jackson
- Hearing
- 18 September 2023
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