PLOTS A & B AT PLATT WORKS PLATT INDUSTRIAL ESTATE, MAIDSTONE ROAD, PLATT, PLATT, TN15 8JL

What was argued and what the tribunal found

The appellant challenged two appeals against storage land valuations. Appeal 1 sought reduction from £65,000-£67,000 based on £10 per m² or £37,250-£39,250. Appeal 2 challenged the original £45,500 entry. The tribunal found the VO's scheme reassessment at £17.91 per m² unreliable, noting some comparables remained unreviewed. Using 2013 rental evidence (£13.65 per m²) and similar new lettings from 2014-2015 analysed at £23.78-£19.95 per m², the tribunal determined £15 per m² was appropriate, resulting in £57,000 RV effective 19 December 2017. Appeal 1 was allowed in part; appeal 2 was dismissed as the revised valuation exceeded the original £45,500.

Summary generated from the decision text and checked against it. The appellant was Stanmore Quality Surfacing Ltd, represented.

Grounds argued

• Comparable assessments (tone)
• Rental evidence

Evidence

Rents, Settled assessments

Cases cited

Lotus and Delta v Culverwell; Virk (VO) and Moor Lane Self Storage Ltd; Ladies Hosiery v West Middlesex Assessment Committee; Gardiner & Theobald LLP v David Jackson; Simpsons Malt Ltd and Other v Jones (VO); Denton v TH White Ltd

Hearing

11 September 2023

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