Tribunals · London Borough of Tower Hamlets · 2017 rating list

Unit 22 Heckford Street Business Centre, Heckford Street, E1W 3JL

Warehouse and premises Decided 9 February 2023 CHG100685383 Philip Sani Chartered Surveyors

OutcomeAllowedThe tribunal reduced the rateable value.
Original RV£41,250£180/m²
Ratepayer sought£32,000
VO conceded first£36,250−12% before the hearing
Tribunal decided£32,000£155/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 challenged the rateable value on the grounds that the rental evidence and comparable property assessments supported a lower value. The tribunal found that the subject property's rent of £29,000 per annum (analysed at £150.20 per m²) should be the starting point, and that comparable property Unit 23 (assessed at £138 per m²) with an additional £17 per m² for quantum supported the appellant's proposed rate of £155 per m². The tribunal rejected the Valuation Officer's adjustment for the mezzanine floor as amounting to double counting and considered the tribunal's key comparable evidence did not support the £180 per m² rate. The appeal was allowed and the RV reduced to £32,000.

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

Grounds argued

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

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