Oasis, Unit 208, SW19 8ND
Shop and premises Decided 2 July 2024 CHG100747009 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 208, 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 8ND | — | — | £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 8NDThis appeal | — | — | £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 and vacation of Debenhams (Unit 115) from the shopping centre in February 2020, arguing it was an anchor store accounting for 37.8% of the centre with significant impact on footfall and other retail tenants. The tribunal found that the closure of Debenhams did justify an allowance as a material change of circumstances affecting the locality, but determined that the subsequent occupation by AFC Wimbledon before the material day was a positive countervailing factor. The tribunal allowed 12 of the 13 appeals in part, reducing the RVs by 5% with effect from 13 July 2020 (when AFC Wimbledon occupied a unit), while dismissing the appeal relating to Unit 115 itself (the 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
- Expert report
- 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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