8 AIRLINKS INDUSTRIAL ESTATE, SPITFIRE WAY, TW5 9NR
Warehouse and premises Decided 19 May 2023 CHG100734925 Altus Group - Oakland - Manchester
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 contended that the rateable value of £53,000 (based on £80/m²) was excessive and should be reduced to £48,500 (£72.50/m²) based on comparable rental evidence from similar properties on the industrial estate. The Valuation Officer maintained that £80/m² was reasonable based on a basket of rental evidence. The tribunal, applying a stand back and look approach to the available rental evidence and considering comparable assessments on similar properties, determined that a rate of £75/m² was appropriate, reducing the rateable value to £50,000 with effect from 1 April 2017.
Summary generated from the decision text and checked against it. The appellant was University Delivery Solutions Ltd, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone) · decisive
- Evidence
- Rents, Settled assessments, Earlier tribunal decisions
- Cases cited
- Lotus and Delta v Culverwell; Gardiner & Theobald LLP v David Jackson
- Hearing
- 21 April 2023
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