Sofology, Unit 4, NE28 9PD
Retail warehouse and premises Decided 19 March 2024 CHG100691169 Lambert Smith Hampton
Figures are as stated in the decision, and are values in the 2017 list; a dash means the document does not state that figure. This judgement decided 2 properties together; the figures above are for this appeal's property (Unit 4, Wallsend NE28 9PD). Every property is listed below.
The 2 properties in this decision
One judgement covered all of these appeals. Each property’s figures as the judgement states them (2017 list); this appeal’s property is highlighted.
| Property | Original RV | Sought | Tribunal decided | Outcome |
|---|---|---|---|---|
| Unit 4, Wallsend NE28 9PDThis appeal | £325,000 | — | £325,000 | Dismissed |
| Unit 2, Wallsend NE28 9PD | £350,000 | — | £350,000 | Dismissed |
What was argued and what the tribunal found
The appellant sought a reduction in the main space rate from £350/m² to £275/m², arguing that analysis of the subject rents (adjusted for rent-free periods and capital contributions) supported this rate. The tribunal preferred the Valuation Officer's approach of averaging the rent-free period over the full 10-year lease term rather than the appellant's 5-year approach, which produced analysed rents supporting approximately £300/m² when averaged. The tribunal found the current assessment of £300/m² was not unreasonable and supported by comparable Unit 1 at £350/m², and dismissed the appeal.
Summary generated from the decision text and checked against it. The appellant was Sofology Ltd, represented.
Grounds argued
- Rental evidence · decisive
- Comparable assessments (tone)
- Change of circumstances
- roadworks
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus and Delta v Culverwell
- Hearing
- 20 February 2024
Similar decisions
- UNIT 4/5, PARK VIEW SHOPPING CENTRE,, NE26 1DG — Dismissed, 31 Dec 2025
- Wren Kitchens, Unit 2, NE28 9PD — Dismissed, 19 Mar 2024
- Scs, Unit A1, NE28 9ND — Dismissed, 20 Mar 2023
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