Tribunals · City of Westminster · 2017 rating list

Ground Floor And Mezzanine Floor, 34-35 Bedfordbury, WC2N 4DU

Offices and premises Decided 25 August 2023 CHG100683756 Conneely Tribe - Mr Paul Tribe

OutcomeDismissedThe appeal failed, leaving the value at the figure the Valuation Officer had already conceded.
Original RV£267,500
Ratepayer sought£127,000
VO conceded first£127,000−53% before the hearing
Tribunal decided£267,500£500/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 that the rateable value should be reduced to £127,000, arguing the subject property rent of £130,000 p.a. supported a lower valuation. The tribunal found the subject property's rental arrangement was an outlier due to rent-free periods and repair concessions, and therefore gave it little weight. The tribunal found a basket of comparable rental evidence from similar office properties in the vicinity, with most rents around £300,000 p.a., supported the existing RV of £267,500 as reasonable and not excessive. The appeal was dismissed.

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

Grounds argued

  • Rental evidence
  • Comparable assessments (tone) · decisive
Evidence
Rents, Settled assessments
Cases cited
Lotus and Delta v Culverwell; Gardiner & Theobald LLP v David Jackson
Hearing
14 August 2023

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