Tribunals · Royal Borough of Kensington and Chelsea · 2017 rating list

1 ST FL 110, OLD BROMPTON ROAD, SW7 3RA

Offices and Premises Decided 28 October 2024 CHG100752142 Altus Group - Oakland - Manchester

OutcomeAllowed in partThe tribunal reduced the rateable value, but by less than the ratepayer sought.
Original RV£22,750£550/m²
Ratepayer sought£15,750
VO conceded first£59,500
Tribunal decided£33,750£425/m²

Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 3 properties; the figures shown are for the first listed.

What was argued and what the tribunal found

The appellant company challenged the rateable values of three office hereditaments at 110 Old Brompton Road, London, arguing the assessed values were excessive and proposing a uniform rate of £400 per m². The Tribunal accepted that comparable rental evidence and settled assessments of similar Grade 2 listed office buildings in the locality supported a lower valuation, whilst noting the subject building's more prominent location. The Tribunal determined an unadjusted rate of £425 per m² was reasonable, allowing the appeals in part with reductions from the original assessments.

Summary generated from the decision text and checked against it. The appellant was SRO Motorsports Europe Limited, represented.

Grounds argued

  • Comparable assessments (tone) · decisive
  • Rental evidence
Evidence
Rents, Settled assessments, Earlier tribunal decisions, Photographs
Cases cited
Lotus and Delta v Culverwell; Gardiner & Theobald LLP v David Jackson; Denton v TH White Ltd
Hearing
7 October 2024

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