Poundland, 8-11 Corn Lane, NN8 1EZ
Shop and premises Decided 24 June 2024 CHG100767004 Colliers
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 8 properties together; the figures above are for this appeal's property (8-11 Corn Lane, Wellingborough NN8 1EZ). Every property is listed below.
The 8 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 |
|---|---|---|---|---|
| 8 Market Street, Wellingborough NN8 1AN | — | — | £68,000 | Allowed |
| 46 Cheese Lane, Wellingborough NN8 1EX | — | — | £37,250 | Allowed |
| 43 Spring Lane, Wellingborough NN8 1EY | — | — | £21,000 | Allowed |
| 22 Spring Lane, Wellingborough, NN8 1EY | — | — | £14,250 | Allowed |
| 54-55 Cheese Lane, Wellingborough NN8 1EX | — | — | £63,000 | Allowed |
| 21 Spring Lane, Wellingborough NN8 1EY | — | — | £4,900 | Allowed |
| 40 Market Street, Wellingborough NN8 1AA | — | — | £66,500 | Allowed |
| 8-11 Corn Lane, Wellingborough NN8 1EZThis appeal | — | — | £101,000 | Allowed in part |
What was argued and what the tribunal found
The appellants argued that the opening of Rushden Lakes Shopping Centre in July 2017 and its expansion in June 2019 had drawn footfall and revenue away from Wellingborough town centre, necessitating end allowances to the rateable values of the subject properties. The tribunal, following an earlier decision by Mr Levy on the locality issue, determined that Wellingborough fell within the same locality as Rushden Lakes. The parties agreed 10% reductions reflecting this material change of circumstances, and the tribunal allowed the appeals with an effective date of 28 June 2019.
Summary generated from the decision text and checked against it. The appellant was Barclays Bank Plc, represented.
Grounds argued
- Change of circumstances · decisive
- Change of circumstances
- Rushden Lakes Shopping Centre opening and expansion; loss of footfall and revenue to town centre
- Hearing
- 12 June 2024
Similar decisions
- National Westminster Bank Plc, 43 High Street, NN10 0QE — Dismissed, 1 Jul 2024
- 43, Spring Lane, NN8 1EY — Allowed, 24 Jun 2024
- 21, Spring Lane, NN8 1EY — Allowed, 24 Jun 2024
- 22, Spring Lane, NN8 1EY — Allowed, 24 Jun 2024
All decisions in North Northamptonshire Council · Shops nationally
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