Clinton Cards Unit 2 28-30 Lister Gate, NG1 7DD
Shop and premises Decided 7 March 2023 CHG100766403 GL Hearn Limited - Star 2017
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 (Shoe Zone Group) argued that the closure and demolition of the Broadmarsh car park and bus station warranted a 20% allowance for the subject shop property on Lister Gate, as it had reduced footfall and caused trade decline. The Valuation Officer initially allowed 7.5% (later amended to 10%). The tribunal found that whilst the MCC negatively affected rental values in the area, supported by evidence of significant trade falls (17-34% across nearby properties) and substantial rent reductions on comparable leases, 20% was not supported by the evidence. The tribunal allowed the appeal in part, awarding a 15% end allowance, reducing the RV to £88,000 with effect from 10 July 2017.
Summary generated from the decision text and checked against it. The appellant was Shoe Zone Group, represented.
Grounds argued
- Change of circumstances · decisive
- Quantum or end allowance
- Change of circumstances
- closure and demolition of Broadmarsh car park and bus station
- Evidence
- Trading accounts, Rents, Earlier tribunal decisions
- Cases cited
- GPS Ltd & others v Bird (VO) [2011] RA 20 to 26; Lotus and Delta v Culverwell (VO) & Leicester City Council, [1976] RA 141; Gardiner & Theobald LLP v David Jackson (VO) [2018] UKUT 0253 (LC)
- Hearing
- 17 February 2023
Similar decisions
- Fatface, 7 Bridlesmith Gate, NG1 2GR — Dismissed, 29 Jul 2024
- 10 Lister Gate, NG1 7DD — Allowed in part, 7 Mar 2023
- River Island 11-13 Lister Gate, NG1 7DE — Allowed in part, 7 Mar 2023
- 37 Lister Gate, NG1 7EE — Allowed in part, 7 Mar 2023
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