UNIT 26, HENFIELD BUSINESS PARK, SHOREHAM ROAD, BN5 9SL
Warehouse and premises Decided 13 September 2023 CHG100778413 Altus Group - Oakland - Manchester
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 challenged the £16,000 RV, arguing that a price of £75/m2 resulting in £12,500 was fair and reasonable based on comparable rental evidence from Unit 9 at Henfield Business Park, which analysed to £81.83/m2. The tribunal found this comparable rental evidence persuasive and determined that £75/m2 was fair and reasonable for the appeal property, reducing the RV to £12,500.
Summary generated from the decision text and checked against it. The appellant was Boretech Engineering Ltd, represented.
Grounds argued
- Comparable assessments (tone) · decisive
- Rental evidence
- Valuation method
- Evidence
- Rents, Settled assessments, Expert report
- Cases cited
- Lotus and Delta v Culverwell; Gardiner and Theobald LLP v David Jackson
- Hearing
- 23 August 2023
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