Tribunals · Nottingham City Council · 2017 rating list

GAMES WORKSHOP, WILLOW ROAD, NG7 2WS

Factory, office and premises Decided 26 September 2024 CHG100847902 Altus Group - Oakland - Manchester

OutcomeDismissedThe appeal failed, leaving the value at the figure the Valuation Officer had already conceded.

Original RV£540,000£71.5/m²

Ratepayer sought£347,500

VO conceded first£487,500−10% before the hearing

Tribunal decided£487,500£65/m²

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 2017 rating list assessment of £487,500 RV, arguing that office areas within the subject industrial property should be valued at the standard 20% uplift from the industrial tone (£27.72/m² for older offices, £36.00/m² for newer), citing comparable properties with similar office relativities. The tribunal found that the subject property was a specialised global headquarters site with standalone office buildings capable of commanding office market rent, and that the valuation officer's approach treating offices at £65.00/m² was reasonable compared to other local standalone office comparables (ranging £76.05/m² to £138.66/m²), with the lower figure appropriately reflecting the hybrid nature of the site. The appeal was dismissed and the assessment confirmed at £487,500 RV.

Summary generated from the decision text and checked against it. The appellant was Games Workshop Ltd, represented.