Norwood House, Temple Bank, CM20 2DY
Factory and Premises Decided 17 November 2023 CHG100779111 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 RV of £228,000 based on a rate of £52.50/m2, arguing for £198,000 (£45/m2). The tribunal found that whilst the appellant's case for a reduced rate was made out, it was not to the extent argued. The tribunal adopted comparable rental evidence and assessment details for River House and Parkside House, which were closest to the antecedent valuation date and fell within the same industrial scheme. The tribunal considered a rate of £50/m2 was supported by River House rental evidence (analysed at £46.29/m2) and was appropriate, reducing the assessment to £219,000.
Summary generated from the decision text and checked against it. The appellant was The Loft Room Staircase Co. Ltd, represented.
Grounds argued
- Comparable assessments (tone)
- Rental evidence
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus & Delta v Culverwell; Gardiner & Theobald LLP v David Jackson
- Hearing
- 18 October 2023
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