JOHN GUEST LTD (FACTORIES 3 4 5 7 & CLAREMONT HOUSE), HORTON ROAD, UB7 8JL
Factory and premises Decided 8 July 2024 CHG100837377 Colliers International - Matthew Webb
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 sought a reduction from £605,000 RV to £515,000 by arguing for 15% allowance for fragmentation, 5% for access/site coverage/car parking issues, and 10% for inefficient shape. The Tribunal allowed the appeal in part, accepting that a 15% fragmentation allowance was justified based on precedent in Dar Lighting Ltd for the multi-building site layout, but rejected the further allowance for site coverage issues as there was insufficient evidence that a hypothetical tenant would incur additional off-site parking costs. The RV was reduced to £545,000.
Summary generated from the decision text and checked against it. The appellant was Reliance Worldwide Corporation, represented.
Grounds argued
- Comparable assessments (tone)
- Quantum or end allowance
- Evidence
- Earlier tribunal decisions
- Cases cited
- Lotus and Delta Ltd v Culverwell; Dar Lighting Ltd
- Hearing
- 7 June 2024
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