GND F 2-4, BOTOLPH ALLEY, EC3R 8DR
Cafe and premises Decided 27 June 2025 CHG100827795 Aitchison Raffety - Richard Gibala
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 RV of £41,750 (at £700/m² zone A rate), arguing for a reduction to £450/m² resulting in £25,000. The Valuation Officer conceded to £650/m² (£38,750 RV). The tribunal found the original valuation excessive based on the subject property's rental evidence (£31,000 in 2019 and £25,000 in 2012/2014, analysing to £523-£550/m²) and comparable rents on Botolph Alley. The tribunal rejected the £450/m² submission due to lack of AVD-dated comparables, but reduced the zone A rate to £550/m², resulting in an RV of £33,000.
Summary generated from the decision text and checked against it. The appellant was L'Antipasto City Ltd, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone)
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus and Delta v Culverwell; Bunyan v Acenden Ltd; Masala Zone Limited v Golding
- Hearing
- 29 May 2025
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