Tribunals · City of London Corporation · 2017 rating list

RMS 1.05 & 1.06 1ST FLR 80, COLEMAN STREET, EC2R 5BJ

Offices and premises Decided 29 July 2025 CHG100729213 Avison Young (UK) Ltd

OutcomeAllowed in partThe tribunal reduced the rateable value, but by less than the ratepayer sought.

Original RV£28,750£395/m²

Ratepayer sought£27,000

VO conceded first—

Tribunal decided£27,000£380/m²

Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 146 properties; the figures shown are for the first listed.

What was argued and what the tribunal found

The appellant challenged 146 rateable value assessments at a serviced office building on various grounds including the valuation methodology and disturbance caused by building works. The parties reached extensive agreements before the hearing and confirmed these at the hearing. The tribunal ratified the agreed reductions, which involved applying a main tone reduction from £395/m² to £380/m² with additional 4% and 8% allowances for building work disturbances during specified periods, with valuations reverting to the agreed compiled list value from 15 October 2020.

Summary generated from the decision text and checked against it. The appellant was Beaumont Business Centres Ltd, represented.