DIGITAL AD RT BRIDGEWATER CIRCLE EXIT FROM M60 NR TRAFFORD CENTRE, TRAFFORD BOULEVARD, M41 7JN
Digital advertising right and premises Decided 2 August 2024 CHG100766503 Montagu Evans - Richard Wackett
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 challenged the rateable values of three digital advertising right hereditaments, proposing £31,000 (later £32,000) and £62,500 respectively against the VO's £52,000, £52,000 and £82,500. The tribunal found the original valuations too high based on rental evidence (£30,000-£60,000 base rents from September 2017) and the agreed comparable of J C Decaux at £25,000 per 96-sheet face. The tribunal adopted a base unit value of £35,000 per display, resulting in revised rateable values of £37,000 for hereditaments 1-2 and £72,500 for hereditament 3.
Summary generated from the decision text and checked against it. The appellant was Peel Advertising Ltd, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone) · decisive
- Evidence
- Rents, Settled assessments
- Hearing
- 25 July 2024
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