Tribunals · North Northamptonshire Council · 2017 rating list

43, Spring Lane, NN8 1EY

Shop and premises Decided 24 June 2024 CHG100858494 Jones Lang LaSalle - Chris Pockett

OutcomeAllowed in partThe tribunal reduced the rateable value, but by less than the ratepayer sought.
Original RV—
Ratepayer sought—
VO conceded first—
Tribunal decided£68,000from 28 Jun 2019

Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 8 properties; the figures shown are for the first listed.

What was argued and what the tribunal found

The appellants argued that the opening of Rushden Lakes Shopping Centre in July 2017 and its expansion in June 2019 drew footfall and revenue away from Wellingborough town centre properties, requiring end allowances to be applied. The tribunal determined that Wellingborough fell within the same locality as Rushden Lakes, following a previous decision on the same issue. The parties had agreed 10% reductions for seven properties and agreed the effective date of 28 June 2019, though Poundland's argument for an earlier date of 28 July 2017 was rejected as the material date was post-expansion. All eight appeals were allowed with 10% reductions.

Summary generated from the decision text and checked against it. The appellant was Barclays Bank Plc, represented.

Grounds argued

  • Change of circumstances · decisive
Change of circumstances
Rushden Lakes Shopping Centre opening and expansion
Evidence
None from the ratepayer
Hearing
12 June 2024

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The tribunal’s decision in full

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