Tribunals · London Borough of Merton · 2017 rating list

Unit 220, Centre Court Shopping Centre, SW19 8ND

Shop and premises Decided 2 July 2024 CHG100746942 Montagu Evans - Ben Monk/BNP Real Estate

OutcomeAllowed in partThe tribunal reduced the rateable value, but by less than the ratepayer sought.
Original RV—
Ratepayer sought—
VO conceded first—
Tribunal decided£52,000from 13 Jul 2020

Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 12 properties; the figures shown are for the first listed.

What was argued and what the tribunal found

The appellant sought a 7.5% allowance for the closure of Debenhams from Unit 115 (38% of the shopping centre) in February 2020, citing increased vacancy rates (46%) and reduced footfall (52% decline). The tribunal found the closure of the anchor store did impact trade and footfall, causing some subsequent unit vacations, but the proposed allowance was excessive given AFC Wimbledon's occupation of a unit by 13 July 2020 (the material day), which signified recovery. The tribunal allowed the appeals in part with a 5% reduction effective from 13 July 2020. Unit 115 itself was dismissed as it was the vacated Debenhams unit.

Summary generated from the decision text and checked against it. The appellant was Standard Life Assurance Ltd, represented.

Grounds argued

  • Change of circumstances · decisive
Change of circumstances
anchor store closure
Evidence
Rents, Settled assessments
Hearing
17 June 2024

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The tribunal’s decision in full

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