Tribunals · London Borough of Southwark · 2017 rating list

88 A, BOROUGH HIGH STREET, SE1 1LL

Shop and premises Decided 13 September 2023 CHG100742044 Altus Group - Oakland - Manchester

OutcomeAllowed in partThe tribunal reduced the rateable value, but by less than the ratepayer sought.
Original RV£117,000£1750/m²
Ratepayer sought£67,500
VO conceded first—
Tribunal decided£101,000£1500/m²

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 £117,000 on the basis that it was excessive, proposing £67,500. The tribunal found the Zone A price of £1,750 psm was too high. Using rental evidence from the neighbouring property at 92-94 Borough High Street (a comparable ground and basement unit close to the antecedent valuation date), alongside other comparable evidence, the tribunal determined a Zone A price of £1,500 psm was fair and reasonable, resulting in a reduced RV of £101,000.

Summary generated from the decision text and checked against it. The appellant was The Whisky Experience Ltd, represented.

Grounds argued

  • Rental evidence
  • Comparable assessments (tone)
Evidence
Rents, Settled assessments
Hearing
15 August 2023

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