Tribunals · North Northamptonshire Council · 2017 rating list

Unit 1 At 36 The Mall, Gold Street, NN16 8JA

Bank and Premises Decided 10 June 2024 CHG100767019 Colliers International

OutcomeAllowed in partThe tribunal reduced the rateable value, but by less than the ratepayer sought.
Original RV£56,500
Ratepayer sought—
VO conceded first£53,500−5% before the hearing
Tribunal decided£53,500from 28 Jun 2019

Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 4 properties; the figures shown are for the first listed.

What was argued and what the tribunal found

The appellants argued that the opening and expansion of Rushden Lakes Shopping Centre constituted a material change of circumstances affecting the rateable values of retail units in Kettering and Corby town centres. The tribunal accepted that Rushden Lakes fell within the locality of the Kettering properties and that the evidence supported a 5% allowance for end valuation, which the Valuation Officer had conceded. The Corby appeal was dismissed as the tribunal found insufficient evidence of impact. Three Kettering appeals were allowed in part with a 5% reduction effective 28 June 2019; the Corby appeal was dismissed.

Summary generated from the decision text and checked against it. The appellant was Barclays Bank plc, represented.

Grounds argued

  • Change of circumstances
Change of circumstances
retail park opening and expansion
Evidence
Photographs, Expert report
Cases cited
K Shoe Shops Ltd v Hardy (VO) and Westminster CC; Morton (VO) v Synor Electronics Ltd; Shearson Lehman Brothers Ltd v Humphreys (VO); Jafton Properties Ltd v Prisk (VO); Merlin Entertainments Group Ltd v Cox (Valuation Officer); GPS v Bird (VO); Gallagher (VO) v Church of Jesus Christ of Latter-day Saints; Stena Line Ltd v Valuation Officer; Vistra Expansion and Others v Bunyan (VO); Karen Kendrick (VO)
Hearing
29 May 2024

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