The Works, 27 Fore Street, PL25 5PX
Shop and premises Decided 9 January 2024 CHG100773920 Lambert Smith Hampton - D Bullimore
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 argued that the property at 27 Fore Street, St Austell was over-assessed at £53,000 RV based on a zone A rate of £390/m², proposing a reduction to £41,250 using £300/m² based on rental evidence of the subject property (£50,000 pa analysed at £337.77/m²) and comparable rents in the surrounding area. The tribunal found the subject property rent was good evidence for a reduction, but as a lease renewal rather than an open market letting, gave it less weight than a new letting would receive. The tribunal determined that a zone A rate of £360/m² was most appropriate, reducing the RV to £49,000 with effect from 1 April 2017, reflecting the property's prime location on Fore Street and the weight of rental evidence.
Summary generated from the decision text and checked against it. The appellant was The Works Stores Limited, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone)
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus and Delta v Culverwell; Gardiner & Theobald LLP v David Jackson
- Hearing
- 11 December 2023
Similar decisions
- Unit C, Helston Business Park, TR13 8FZ — Allowed in part, 28 Feb 2025
- POUNDLAND 23, FORE STREET, PL25 5PS — Allowed in part, 10 Jan 2024
- Hunter And Walsh Hairdressing, 27B Market Place, TR18 2JD — Allowed in part, 5 Jan 2022
Is your own rateable value in line?
A free check compares a property with the assessments around it and says plainly whether there is anything worth pursuing.
Check a propertyThe tribunal’s decision in full
Decision © Crown copyright, published by the Valuation Tribunal Service under the Open Government Licence v3.0 and reproduced unaltered. This site does not index the names of private individuals that appear in decisions. Information, not advice.