88 A, BOROUGH HIGH STREET, SE1 1LL
Shop and premises Decided 13 September 2023 CHG100742044 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 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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