Tribunals · West Northamptonshire Council · 2017 rating list

Poundstretcher, 34 Gold Street, NN1 1RS

Shop and premises Decided 1 July 2024 CHG100768812 Colliers International

OutcomeAllowedThe tribunal reduced the rateable value.

Original RV—

Ratepayer sought—

VO conceded first—

Tribunal decided£58,500from 28 Jun 2019

Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 7 properties; the figures shown are for the first listed.

What was argued and what the tribunal found

The appellants argued that the opening and subsequent expansion of Rushden Lakes Shopping Centre constituted a material change of circumstances affecting retail shops in Northampton town centre. The tribunal found that Rushden Lakes, located approximately 15 miles away, fell within the same locality as the appeal properties and that its impact on rental values was material. The tribunal allowed the appeals and applied a 7½% reduction to reflect the agreed negative impact of the retail park on the town centre properties, with effect from 28 June 2019.

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