55, AIDAN COURT, BEDE TRADING ESTATE, NE32 3HG
Factory and premises Decided 9 January 2024 CHG100812470 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 argued that the rate adopted for the factory at £53.50/m² was excessive and sought a reduction to £42.50/m², supported by rental evidence showing analysed rents of £45.28/m² in 2017 and comparable properties. The tribunal found the rental evidence and comparables convincing but considered the appellant's proposed rate too low when considering the wider basket of rents; it reduced the rate to £51.00/m², resulting in a revised RV of £47,500, allowing the appeal in part.
Summary generated from the decision text and checked against it. The appellant was Dormakaba UK Ltd, represented.
Grounds argued
- Comparable assessments (tone) · decisive
- Rental evidence
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus & Delta v Culverwell (VO) and Leicester City Council
- Hearing
- 11 December 2023
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