Shop And Premises At Ground Floor North, 76A Chancery Lane, WC2A 1AA
Shop and premises Decided 7 August 2023 CHG100726875 Cluttons - Michael Charles Hampton Riddington
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 challenged the rateable value of a ground floor shop on Chancery Lane, arguing for a zone A rate of £800/m² (RV £32,500) based on rental evidence from the subject property and a neighbouring property. The tribunal found that whilst rental evidence is the first type of evidence to consider, the dates of the leases were removed from the antecedent valuation date and therefore carried little weight. The tribunal was persuaded by comparable shop properties in the locality which analysed to between £990–£1,341/m², supporting the zone A rate of £1,100/m² and the VO's RV of £45,000, which fitted within the established tone for the area. The appeal was dismissed as the appellant failed to discharge the burden of proof.
Summary generated from the decision text and checked against it. The appellant was Honourable Society of Lincolns Inn, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone) · decisive
- Evidence
- Rents, Settled assessments, Photographs
- Cases cited
- Lotus and Delta v Culverwell
- Hearing
- 28 July 2023
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