GRD FLR REAR 11, HILL STREET, W1J 5LG
Offices and premises Decided 21 February 2025 CHG100787657 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 sought a reduction of the rateable value from £75,000 to £62,000 (from £725/m2 to £600/m2) for a ground floor rear office in a Grade II listed building in Mayfair, Central London, arguing that indirect rental evidence and comparable offices in the locality demonstrated a lower tone. The tribunal found that the best evidence was from a new lease at 51-52 Charles Street at £725/m2 close to the valuation date, and comparable assessments within the same building consistently showed £725/m2, which was not unreasonable. The appeal was dismissed.
Summary generated from the decision text and checked against it. The appellant was Zaoui & Co Ltd, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone)
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus & Delta v Culverwell
- Hearing
- 27 January 2025
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