Tribunals · City of London Corporation · 2017 rating list

Cleary Gottlieb Steen & Hamilton Llp, Cleary Gottlieb Steen & Hamilton Llp, EC2Y 5AU

Office and premises Decided 29 May 2025 CHG100824376 Knight Frank - Bjorn Bowles

OutcomeAllowed in partThe tribunal reduced the rateable value, but by less than the ratepayer sought.

Original RV£575£575/m²

Ratepayer sought£515

VO conceded first—

Tribunal decided£550£550/m²

Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 9 properties; the figures shown are for the first listed.

What was argued and what the tribunal found

The appellants challenged the Valuation Officer's base rate assessment of £575 per m² (including £25 for fit-out), with the majority seeking £515 per m². The parties reached agreement at the hearing on a base rate of £550 per m² with additions of 1% for the 15th floor and 2% for the 16th floor for views. The Tribunal ratified the agreed rate as reasonable.

Summary generated from the decision text and checked against it. The appellant was KETE KOKOLADZE & OTHERS, represented.