Poundstretcher, 34 Gold Street, NN1 1RS
Shop and premises Decided 1 July 2024 CHG100768812 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 7 properties together; the figures above are for this appeal's property (34 Gold Street, Northampton NN1 1RS). Every property is listed below.
The 7 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 |
|---|---|---|---|---|
| Unit 37 To 38, Weston Favell Centre, Northampton, NN3 8JZ | — | — | £58,500 | Allowed |
| 265-267, Wellingborough Road, Northampton NN1 4EN | — | — | £40,250 | Allowed |
| 18/20 The Drapery, Northampton NN1 2HG | — | — | £56,000 | Allowed |
| 02 Unit, 45 Weston Favell Centre, Northampton NN3 8JZ | — | — | £31,500 | Allowed |
| 02, 12 Abington Street, Northampton NN1 2AJ | — | — | £44,750 | Allowed |
| 68-72 Abington Street, Northampton NN1 2AJ | — | — | £93,000 | Allowed |
| 34 Gold Street, Northampton NN1 1RSThis appeal | — | — | £132,000 | Allowed |
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.
Grounds argued
- Change of circumstances · decisive
- Change of circumstances
- opening and expansion of out-of-town retail centre
- Hearing
- 27 June 2024
Similar decisions
- Sytner Land Rover, Tesla, NN3 9HX — Dismissed, 5 Feb 2026
- Kia Motors, Fortune Close, NN3 9HZ — Dismissed, 11 Oct 2024
- O2, 12 Abington Street, NN1 2AJ — Allowed, 1 Jul 2024
- 18 /20, The Drapery, NN1 2HG — Allowed, 1 Jul 2024
All decisions in West Northamptonshire Council · Shops nationally
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