34 & 35, LONGFIELD CENTRE, M25 1AY
Shop and premises Decided 29 September 2023 CHG100765970 Hart Commercial Surveyors Ltd
Figures are as stated in the decision; a dash means the document does not state that figure.
What was argued and what the tribunal found
The appellant sought a reduction from £34,250 to £27,250 RV based on a Zone A price of £250/m², arguing for adjustment of the passing rent of £33,000 pa to include a 5.5-month rent-free period and a 3.5% deduction for insurance costs. The tribunal allowed the appeal in part, confirming the VO's reduced offer of £31,000 RV, accepting that only three months rent-free should be analysed as standard market practice and that the property should be valued on FRI terms without the insurance adjustment sought.
Summary generated from the decision text and checked against it. The appellant was Done Brothers (Cash Betting) Limited, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone)
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus and Delta v Culverwell; Old Street Retail Trustee (Jersey) Ltd and another v GB Healthcare Ltd
- Hearing
- 11 September 2023
Similar decisions
- Manor Pharmacy, 367 Brandlesholme Road, BL8 1HS — Dismissed, 17 Nov 2021
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