Tribunals · London Borough of Lambeth · 2017 rating list

UNITS 8­10 AT 16, PORTEUS PLACE, SW4 0AP

Offices and premises Decided 16 December 2024 CHG100831381 Altus Group - Oakland - Manchester

OutcomeDismissedThe appeal failed and the rateable value was left unchanged.
Original RV£16,000£325/m²
Ratepayer sought—
VO conceded first—
Tribunal decided£16,000£325/m²

Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 2 properties; the figures shown are for the first listed.

What was argued and what the tribunal found

The appellant argued that the unadjusted rate per m² of £325 was excessive and proposed a revised rate of £300 per m² (later £275 per m²), relying on comparable evidence from other properties and disputing the Valuation Officer's analysis of rentals within the building, particularly regarding rent-free periods and fit-out costs. The tribunal found that the strongest evidence came from rental analysis of other units within Porteous Place itself, which when properly adjusted for a three-month rent-free period and 50% of fit-out costs, supported a tone of £325 per m², and that the appellant's external comparables were less reliable due to differences in building age, size, location, and security features. The appeal was dismissed as the tribunal concluded the £325 per m² rate was reasonable and within the range supported by the evidence.

Summary generated from the decision text and checked against it. The appellant was Burgess Mee LLP, represented.

Grounds argued

  • Comparable assessments (tone)
  • Rental evidence
Evidence
Rents, Expert report
Cases cited
Bunyan (VO) v Acenden Limited [2023] UKUT 17 (LC); Lotus & Delta v Culverwell (VO) and Leicester City Council [1976] RA141
Hearing
20 November 2024

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