Tribunals · City of London Corporation · 2017 rating list

Ropes & Gray International Llp, 5th Floor South, EC4M 7AW

Offices and premises Decided 20 July 2026 CHG100700758 Aitchison Raffety Ltd/Aitchison Raffety - Simon Cosstick

OutcomeDismissedThe appeal failed and the rateable value was left unchanged.

Original RV£2,230,000£550/m²

Ratepayer sought£535

VO conceded first—

Tribunal decided£2,230,000£550/m²

Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 2 properties; the figures shown are for the first listed.

What was argued and what the tribunal found

The appellants sought a reduction in the price per m² from £550 to £535 based on rental evidence from within the subject building and comparable assessments. The tribunal found that rental evidence from within 60 Ludgate Hill ranged from £504 to £707.50 per m², with two rents below the adopted price and two above it. The tribunal concluded that the adopted price of £550 per m² was not unreasonable and dismissed the appeals.

Summary generated from the decision text and checked against it. The appellant was Commonwealth Bank of Australia, represented.