Beef Barn & Offices, Coursers Farm, Coursers Road, Colney Heath, Colney Heath, AL4 0PD
Warehouse and Premises Decided 7 August 2023 CHG100843479 Altus Group - Oakland - Manchester
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 proposed a reduced RV of £50,500 based on a tone of value of £29.00 per m², arguing the actual rent passing was the best evidence. The tribunal examined comparable rental evidence from similar properties and the relevant valuation scheme for portable buildings. The tribunal concluded that a tone of value of £50 per m² was supported by the rent evidence for the main warehouse, but the portable building should be valued at £25 per m² in accordance with the valuation scheme rather than £40 per m². The appeal was allowed in part with a determined RV of £81,000.
Summary generated from the decision text and checked against it. The appellant was Nurture Landscapes Limited, represented.
Grounds argued
- Comparable assessments (tone) · decisive
- Rental evidence
- Quantum or end allowance
- Evidence
- Rents, tone_of_list_comparables, Photographs
- Cases cited
- Lotus and Delta v Culverwell (VO) and Leicester City Council [1976] RA 141; Gardiner & Theobald LLP v Jackson (VO) [2018] UKUT 0253 (LC)
- Hearing
- 21 July 2023
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