Ground Floor And Mezzanine Floor, 34-35 Bedfordbury, WC2N 4DU
Offices and premises Decided 25 August 2023 CHG100683756 Conneely Tribe - Mr Paul Tribe
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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