Tribunals · City of Westminster · 2017 rating list

BST­GRD FLR 211, STRAND, WC2 1AP

Shop and premises Decided 18 March 2024 CHG100788722 Altus Group - Oakland - Manchester

OutcomeAllowed in partThe tribunal reduced the rateable value, but by less than the ratepayer sought.
Original RV£26,250£1600/m²
Ratepayer sought£19,500
VO conceded first£24,500−7% before the hearing
Tribunal decided£21,250£1300/m²

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 the property was overvalued at £1,600/m² based on rental evidence showing £1,216.92/m² and comparable properties with lower effective rates. The tribunal found the subject rent, though a lease renewal 18 months post-AVD, supported a reduction and that the property's poor corner location at Strand/Essex Street (worse than main parade properties opposite the Royal Courts) was significant. The tribunal adopted £1,300/m² as reasonable, reducing the RV to £21,250, allowing the appeal in part as it fell between the appellant's proposed £19,500 and the VO's conceded £24,500.

Summary generated from the decision text and checked against it. The appellant was Brunel Sandwich Shop, represented.

Grounds argued

  • Rental evidence
  • Comparable assessments (tone) · decisive
Evidence
Rents, Settled assessments
Cases cited
Lotus and Delta v Culverwell
Hearing
26 February 2024

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