Tribunals · London Borough of Merton · 2017 rating list

Unit 202 Centre Court Shopping Centre, The Broadway, SW19 8ND

Retail store and premises Decided 2 July 2024 CHG100746972 BNP Real Estate/Montagu Evans - Ben Monk

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 13 properties; the figures shown are for the first listed.

What was argued and what the tribunal found

The appellant contended that the closure of Debenhams (a major anchor store occupying 37.8% of the Centre Court Shopping Centre) from February 2020 was a material change of circumstances warranting a 7.5% reduction in rateable values. The tribunal found that whilst Debenhams' departure did justify an allowance due to its impact on footfall and trade, the 7.5% reduction was excessive because a subsequent positive material change occurred when AFC Wimbledon occupied a unit on 13 July 2020, demonstrating renewed market interest. The tribunal determined a 5% reduction was fair and reasonable, with an effective date of 13 July 2020 (when the second material change occurred), not 1 February 2020 as sought by the appellant.

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