Tribunals · London Borough of Camden · 2017 rating list

PT BST GND MEZZ FLR PT FRONT AND REAR & 1ST 2ND FLRS WOBURN HOUSE, 20 TAVISTOCK SQUARE, WC1H 9HQ

Offices and premises Decided 13 May 2025 CHG100791410 Ryan Property Tax Services UK Limited/Altus Group - Oakland - Manchester

OutcomeAllowedThe tribunal reduced the rateable value.

Original RV£410,000£425/m²

Ratepayer sought£345

VO conceded first—

Tribunal decided£340,000£345/m²

Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 2 properties; the figures shown are for the first listed.

What was argued and what the tribunal found

The appellants challenged the valuation of two office suites at Woburn House, arguing the tone of £425/m² was unreasonable for basic office accommodation with exposed utilities. The tribunal found the existing valuations were unreasonable by comparing rental evidence from the subject properties and similar properties including Dilke House (where hereditaments were agreed at £350/m²) and Alfred Place, whilst noting that Tavistock House represented superior accommodation. The tribunal accepted the appellant's revised proposal of £345/m², resulting in reductions to £340,000 and £500,000 for the two properties respectively.

Summary generated from the decision text and checked against it. The appellant was Association of Commonwealth Universities and Universities UK, represented.