Tribunals · London Borough of Camden · 2017 rating list

5th Flr 172-174, Tottenham Court Road, W1T 7NX

Office and premises Decided 27 May 2025 CHG100720946 Ryan Property Tax Services UK Limited/Altus Group - Oakland - Manchester

OutcomeDismissedThe appeal failed and the rateable value was left unchanged.

Original RV£80,500£425/m²

Ratepayer sought£65,000

VO conceded first—

Tribunal decided£80,500£525/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 of the rateable value from £80,500 to £65,000, arguing that comparable properties in the locality had been reduced and that a base rate of £425/m² rather than £525/m² was appropriate. The tribunal found that whilst several settlements had been reached nearby, the comparables differed in location, age and build quality. The tribunal concluded that the subject property (a corner unit on Tottenham Court Road in good condition) was not fairly comparable to the reduced properties cited, particularly the neighbouring property at 175-176 Tottenham Court Road which was outdated, had since been demolished, and was of inferior quality. Accordingly, the appeal was dismissed and the rateable value of £80,500 confirmed as fair and reasonable.

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