1st-3rd Floors, 180 Piccadilly, W1J 9ER
Office and premises Decided 23 July 2025 CHG100697492 Rabbette Chartered Surveyors - Paul Rabbette
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 argued that the office space should be valued at £433.30/m² rather than the listed £725/m² based on two leases analysed at £452.77/m² and £463.58/m² respectively, with a 4.5% quantum adjustment for the large floor size. The tribunal found that the appellant's rents were too distant from the 1 April 2015 valuation date and placed greater weight on two new lettings from February 2015 devaluing to around £730/m², supporting the listed rate. No quantum adjustment was warranted as comparable properties and settled challenges of similar sized offices showed no quantum applied.
Summary generated from the decision text and checked against it. The appellant was Virtual Office Group, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone) · decisive
- Quantum or end allowance
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus and Delta v Culverwell; Gardiner & Theobald LLP v David Jackson; Simpsons Malt Ltd v Jones; Denton v TH White Ltd
- Hearing
- 25 June 2025
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