Unit 3A, 116 Portland Street, M1 4RL
Shop and Premises Decided 20 March 2023 CHG100772097 GL Hearn Limited - Star 2017
Figures are as stated in the decision; a dash means the document does not state that figure.
What was argued and what the tribunal found
The appellant (through GL Hearn) argued that the rateable value of £58,500 (reduced by the VO to £55,500 at £575/m² ITZA) was excessive and should be reduced to £49,000 (£500/m² ITZA), contending the property was isolated and masked by an adjacent casino with reduced footfall. The tribunal found that the property occupied a prominent corner junction with full glass frontage benefiting from footfall from both roads, and that rental evidence including an interim rent of £55,000 (£571/m²) agreed near the AVD, supported the adopted rate of £575/m² as reasonable. The appeal was dismissed and the RV remained at £55,500.
Summary generated from the decision text and checked against it. The appellant was Boots UK Limited, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone) · decisive
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus and Delta v Culverwell
- Hearing
- 28 February 2023
Similar decisions
- 172 Stretford Road, M15 5TL — Dismissed, 17 Nov 2021
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