(& 25 BRUTON LANE) BST FNT & GRD FLR 11 BRUTON STREET, W1J 6PY
Gallery and premises Decided 30 October 2023 CHG100734986 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 challenged the RV of £270,000, arguing the Zone A price should be £3,420/m² (£245,000 RV) rather than £3,800/m² because the subject property was in a less desirable location on the south side of Bruton Street amongst offices, without other retail units nearby. The tribunal found that while tone can vary within a street, there was no rental evidence from the south side around the antecedent valuation date to support the claim of a less desirable location, and rents agreed on the north side demonstrated the £3,800/m² tone was appropriate. The appeal was dismissed.
Summary generated from the decision text and checked against it. The appellant was The House of Fine Art Limited, represented.
Grounds argued
- Comparable assessments (tone) · decisive
- Evidence
- Rents, Settled assessments, Photographs
- Cases cited
- Gardiner & Theobald LLP v Jackson
- Hearing
- 13 October 2023
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