CROMPTON HOUSE, NUTTALLS WAY, BB1 2JT
Factory and premises Decided 25 April 2024 CHG100846874 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 argued that no allowance for quantum had been made when the property units were valued separately, and sought a reduction in the unadjusted rate from £39/m2 to £30/m2. The tribunal found that the original assessment of £355,000 RV at £39/m2 was excessive but that the appellant's proposed reduction to £30/m2 was not fully supported by the comparable evidence. The tribunal allowed the appeals in part, reducing the unadjusted rate to £33/m2 for the majority of the property (Units 1, 2 and 4) based on comparable properties of similar age and size assessed at that rate, resulting in a reduced RV of £315,000 with effect from 1 April 2017.
Summary generated from the decision text and checked against it. The appellant was Huhtamaki BCP Ltd, represented.
Grounds argued
- Quantum or end allowance
- Comparable assessments (tone)
- Valuation method
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus and Delta v Culverwell; Gardiner and Theobald LLP v David Jackson
- Hearing
- 28 March 2024
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