UNIT 4 AT 16, PORTEUS PLACE, SW4 0AP
Offices and premises Decided 16 December 2024 CHG100856740 Altus Group - Oakland - Manchester
Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 2 properties; the figures shown are for the first listed.
What was argued and what the tribunal found
The appellant challenged the unadjusted rate per m² of £325 on two office units, initially proposing £300 per m² (later revised to £275 per m²), arguing comparable evidence from properties outside the development supported a lower tone. The tribunal found the strongest evidence was rental data from comparable units within Porteous Place itself, which analysed to figures supporting the £325 per m² tone, and dismissed the appeal as the valuation was not unreasonable and fell within the range of comparable lettings in the development.
Summary generated from the decision text and checked against it. The appellant was Burgess Mee LLP, represented.
Grounds argued
- Comparable assessments (tone) · decisive
- Rental evidence
- Evidence
- Rents, Earlier tribunal decisions
- Cases cited
- Bunyan (VO) v Acenden Limited [2023] UKUT 17 (LC); Lotus & Delta v Culverwell (VO) and Leicester City Council [1976] RA141; Gardiner & Theobald LLP v David Jackson (VO) [2018] UKUT 0253 (LC)
- Hearing
- 20 November 2024
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