Units 2 & 3, Moorgate Point, Moorgate Road, L33 7HX
Warehouse and premises Decided 13 November 2023 CHG100799766 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 £248,000 RV, proposing £196,500 based on a rate of £15.38/m2. The Valuation Officer defended £248,000 supported by passing rent of £325,000 pa (£25.51/m2) and a 5% uplift for superior quality. The tribunal found the passing rent and comparable evidence (Units 5A & 5B Moorgate) supported the £18.00/m2 unadjusted rate, but determined the 5% uplift was unjustified. The claimed insulated walls and roof did not exist; only a sprinkler system warranted a 2.5% uplift, resulting in a revised RV of £236,000.
Summary generated from the decision text and checked against it. The appellant was Law Distribution Limited, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone)
- Evidence
- Rents, Settled assessments, Photographs
- Cases cited
- Lotus and Delta v Culverwell
- Hearing
- 17 October 2023
Similar decisions
- 7, CHAPEL BROOK TRADE PARK, WILSON ROAD, L36 6FH — Dismissed, 2 Jul 2026
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