Poundland Distribution Centre, Elizabeth Way, CM19 5AA
Warehouse and premises Decided 20 June 2025 CHG100695343 Colliers International - Erich Andreas Gutt
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, through its representative, argued that the rateable value of £2,220,000 should be reduced to £1,750,000 (subsequently revised to £1,840,000), contending that a landlord's capital contribution of £5.1m should reduce the effective rent, and that an end allowance of 5% for poor access should apply. The tribunal found that the comparable evidence supported a base rate of £65 per m² for the subject warehouse, that the capital contribution required significant adjustment and little weight should be given to it, and that the lower base rate already reflected the property's inferior Harlow location, rejecting the need for an additional end allowance.
Summary generated from the decision text and checked against it. The appellant was Poundland, represented.
Grounds argued
- Comparable assessments (tone)
- Quantum or end allowance
- Evidence
- Rents, Settled assessments, Expert report
- Cases cited
- Lotus and Delta v Culverwell
- Hearing
- 23 May 2025
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