Tribunals · Cheshire West and Chester Council · 2017 rating list

Boots, 47-55 Foregate Street, CH1 1NA

Shop and premises Decided 6 February 2024 CHG100800039 GL Hearn Limited - Star 2017

OutcomeDismissedThe appeal failed and the rateable value was left unchanged.

Original RV£995,000£165/m²

Ratepayer sought£600,000

VO conceded first—

Tribunal decided£995,000£165/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 (Boots UK Ltd) argued for a reduction in rateable value from £995,000 (£165/m2) to £600,000 (£100/m2), relying primarily on a 2017 lease renewal at £775,000 per annum amortised to £604,273, and a comparable Boots store in Cheltenham. The tribunal found the 2017 lease was remote from the 1 April 2015 antecedent valuation date and attached only moderate weight. The tribunal gave substantial weight instead to comparable settled assessments of other large Chester retailers (BHS at £155/m2, Marks and Spencer at £100/m2, and others), concluding that £165/m2 was fair and reasonable for the appeal property. The appeal was dismissed as the appellant failed to satisfy the burden of proof.

Summary generated from the decision text and checked against it. The appellant was Boots UK Ltd, represented.