GILBARCO LTD, CROMPTON CLOSE, SS14 3BA
Warehouse and Premises Decided 13 September 2023 CHG100716164 Altus Group - Oakland - Manchester
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 a price of £25/m² was fair and reasonable, compared to the Valuation Officer's assertion of £35/m². The tribunal found that comparable evidence from Unit 44 Yardley Business Park, a similar large industrial property of over 10,000m² with better specifications (higher eaves and more modern construction), supported a lower tone. The tribunal determined that an unadjusted base price of £25/m² was fair and reasonable, reducing the rateable value from £370,000 to £267,000.
Summary generated from the decision text and checked against it. The appellant was Gilbarco Veeder Root Ltd, represented.
Grounds argued
- Comparable assessments (tone) · decisive
- Rental evidence
- Evidence
- Rents, Expert report
- Cases cited
- Lotus and Delta v Culverwell; Gardiner & Theobald LLP v David Jackson
- Hearing
- 23 August 2023
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