Tribunals · City of Westminster · 2017 rating list

GND FLR REX HOUSE, 4­12, REGENT STREET, SW1Y 4PE

Shop and premises Decided 18 December 2023 CHG100854990 Altus Group - Oakland - Manchester

OutcomeAllowed in partThe tribunal reduced the rateable value, but by less than the ratepayer sought.
Original RV£225,000
Ratepayer sought£197,000
VO conceded first—
Tribunal decided£213,000£800/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 sought to increase the layout allowance from the existing 5% to 15%, claiming poor layout and masking of the property made it unique compared to other units on Regent Street, citing 13 comparable properties with similar allowances. The tribunal found that while a 5% allowance for masking had already been included, examination of the floor plans revealed additional layout issues affecting visibility and access, and applied a revised 5% end allowance for layout rather than increasing the zone A figure, reducing the RV from £225,000 to £213,000.

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

Grounds argued

  • Valuation method
  • Zoning or layout · decisive
Evidence
Rents, tone_of_list_comparables, Photographs
Cases cited
Lotus & Delta v Culverwell
Hearing
21 November 2023

Similar decisions

All decisions in City of Westminster · Shops nationally

Is your own rateable value in line?

A free check compares a property with the assessments around it and says plainly whether there is anything worth pursuing.

Check a property

The tribunal’s decision in full

Download the PDF · Find it on valuationtribunal.gov.uk

Decision © Crown copyright, published by the Valuation Tribunal Service under the Open Government Licence v3.0 and reproduced unaltered. This site does not index the names of private individuals that appear in decisions. Information, not advice.