Tribunals · Swindon Borough Council · 2017 rating list

Smythson, Unit, SN2 8UU

Warehouse and premises Decided 21 July 2023 CHG100714750 Jones Lang LaSalle - Andrew Flower

OutcomeDismissedThe appeal failed and the rateable value was left unchanged.
Original RV£149,000£45/m²
Ratepayer sought£126,000
VO conceded first—
Tribunal decided£149,000£45/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 contended that the rent at the antecedent valuation date (£37.69 per m2 on the appellant's analysis) demonstrated that the current assessed price of £45 per m2 was excessive. The tribunal found that the appellant's rental analysis was overly simplistic and failed to apply proper valuation methodology, and that the significant rent-free periods attached to the lease meant limited weight could be attached to the subject rent. The tribunal confirmed that the £45 per m2 was not unreasonable, noting that comparable smaller properties were valued at £50 per m2 and that within the scheme values ranged from £45 to £67.50 per m2, with the appeal property at the lowest end.

Summary generated from the decision text and checked against it. The appellant was Frank Smythson Limited, represented.

Grounds argued

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

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