Unit 306, Centre Court Shopping Centre, SW19 8ND
Shop and premises Decided 2 July 2024 CHG100746966 BNP Paribas Real Estate / Montagu Evans
Figures are as stated in the decision, and are values in the 2017 list; a dash means the document does not state that figure. This judgement decided 13 properties together; the figures above are for this appeal's property (Unit 306, Centre Court Shopping Centre, London SW19 8ND). Every property is listed below.
The 13 properties in this decision
One judgement covered all of these appeals. Each property’s figures as the judgement states them (2017 list); this appeal’s property is highlighted.
| Property | Original RV | Sought | Tribunal decided | Outcome |
|---|---|---|---|---|
| Unit 303-304, Centre Court Shopping Centre, London SW19 8ND | — | — | £52,000 | Allowed in part |
| Unit 115, Centre Court Shopping Centre, London SW19 8ND | — | — | — | Dismissed |
| Unit 225, Centre Court Shopping Centre, London SW19 8ND | — | — | £54,500 | Allowed in part |
| Unit 306, Centre Court Shopping Centre, London SW19 8NDThis appeal | — | — | £12,800 | Allowed in part |
| Unit 113, Centre Court Shopping Centre, London SW19 8ND | — | — | £83,000 | Allowed in part |
| Unit 202, Centre Court Shopping Centre, London SW19 8ND | — | — | £52,500 | Allowed in part |
| Unit 207, Centre Court Shopping Centre, London SW19 8ND | — | — | £41,500 | Allowed in part |
| Unit 231, Centre Court Shopping Centre, London SW19 8ND | — | — | £84,000 | Allowed in part |
| Unit 233, Centre Court Shopping Centre, London SW19 8ND | — | — | £86,500 | Allowed in part |
| Unit 220, Centre Court Shopping Centre, London SW19 8ND | — | — | £62,500 | Allowed in part |
| Unit 212, Centre Court Shopping Centre, London SW19 8ND | — | — | £87,500 | Allowed in part |
| Unit 208, Centre Court Shopping Centre, London SW19 8ND | — | — | £102,000 | Allowed in part |
| Unit 213 to 214, Centre Court Shopping Centre, London SW19 8ND | — | — | £188,000 | Allowed in part |
What was argued and what the tribunal found
The appellant sought a 7.5% allowance for the material change of circumstances caused by the closure of Debenhams, a major anchor store occupying 37.8% of the shopping centre, resulting in increased vacancy rates and reduced footfall. The tribunal found that Debenhams' departure did justify an allowance, with evidence of subsequent unit vacancies attributable to the closure and loss of a key tenant affecting customer footfall and trade. However, the tribunal determined that a 5% reduction was fair and reasonable, rather than the 7.5% sought, as the subsequent occupation by AFC Wimbledon prior to the material date was a positive offsetting factor, and the pandemic and e-commerce effects masked the true impact of the anchor store loss.
Summary generated from the decision text and checked against it. The appellant was Standard Life Assurance Ltd, represented.
Grounds argued
- Change of circumstances
- Change of circumstances
- anchor store closure
- Evidence
- Rents, Photographs
- Hearing
- 17 June 2024
Similar decisions
- 54 High Street, SW19 5AX — Dismissed, 14 Feb 2025
- Pc World, Unit 1, SW19 2PP — Dismissed, 3 Jul 2024
- Unit 1 Priory Retail Park, 131 High Street, SW19 2PP — Dismissed, 3 Jul 2024
- Unit 220, Centre Court Shopping Centre, SW19 8ND — Allowed in part, 2 Jul 2024
All decisions in London Borough of Merton · Shops nationally
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