Tribunals · London Borough of Southwark · 2017 rating list

Fourth Floor North, 47-51 Great Suffolk Street, SE1 0BS

Offices and premises Decided 29 May 2024 CHG100718039 Hampton Lovett - Chris Goodhand

OutcomeDismissedThe appeal failed and the rateable value was left unchanged.

Original RV£233,000£315/m²

Ratepayer sought£155,000

VO conceded first—

Tribunal decided£233,000£315/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 sought a reduction from £233,000 RV (at £315/m² for the office space) to £155,000 (at £210/m²) arguing the property should be valued under a building-specific valuation scheme. The tribunal found the valuation officer's approach reasonable, noting that the raised floor feature and lift access justified the pricing, comparable rental evidence supported the adopted valuation (ranging from £300-£364/m² with reviews closer to the AVD), and there was insufficient evidence to support a quantum allowance. The appeal was dismissed.

Summary generated from the decision text and checked against it. The appellant was Ronin International Ltd, represented.