Rollalong, 309, OLD BARN FARM ROAD, THREE LEGGED CROSS, THREE LEGGED CROSS, BH21 6SP
Factory and premises Decided 16 October 2023 CHG100816619 Gerald Eve LLP - Thomas Kinsey
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 price per m² of £30 was excessive compared to similar assessments and represented an unreasonable 50% increase from the 2010 list. The tribunal rejected the subject rent (agreed between connected parties) and comparable rental evidence presented by the VO, finding that other similar properties had not increased in value between lists. The tribunal determined £26 per m² was reasonable, reflecting the property's inferior location, resulting in an RV of £377,500 instead of the proposed £295,000 or the VO's £430,000.
Summary generated from the decision text and checked against it. The appellant was Newship Limited, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone)
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus and Delta v Culverwell
- Hearing
- 18 September 2023
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