Tribunals · London Borough of Merton · 2017 rating list

Unit 115 Centre Court Shopping Centre, The Broadway, SW19 8ND

Shop and premises Decided 2 July 2024 CHG100746982 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 sought a 7.5% allowance for the closure of Debenhams, an anchor store occupying 37.8% of Centre Court Shopping Centre in February 2020, arguing it caused significant vacancy and reduced footfall. The tribunal found the closure did justify an allowance but determined that the subsequent occupation by AFC Wimbledon in July 2020 (before the material date of 17 July 2020) mitigated the impact, and that footfall and vacancy data were also masked by COVID-19 effects and e-commerce growth. The tribunal allowed the appeals in part by reducing RVs by 5% effective from 13 July 2020. The appeal for Unit 115 (the Debenhams premises itself) was dismissed.

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, Earlier tribunal decisions, Photographs
Hearing
17 June 2024

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