54-55, Cheese Lane, NN8 1EX
Shop and premises Decided 24 June 2024 CHG100858632 Jones Lang LaSalle - Chris Pockett
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 contended that entries for eight retail properties in Wellingborough did not reflect a material change of circumstances caused by the opening of Rushden Lakes Shopping Centre in July 2017 and its expansion in June 2019, which drew footfall and revenue away from surrounding town centres. The tribunal, following earlier precedent, determined that Wellingborough fell within the same locality as Rushden Lakes and agreed reductions of 10% in all cases, effective 28 June 2019 (the date of the phase two expansion).
Summary generated from the decision text and checked against it. The appellant was Barclays Bank Plc, represented.
Grounds argued
- Change of circumstances
- Change of circumstances
- Rushden Lakes Shopping Centre opening and expansion
- Evidence
- None from the ratepayer
- Hearing
- 12 June 2024
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All decisions in North Northamptonshire Council · Shops nationally
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