Tribunals · Royal Borough of Kensington and Chelsea · 2017 rating list

71 - 73, LOTS ROAD, SW10 0RN

Showroom and premises Decided 31 October 2023 CHG100861720 Altus Group - Oakland - Manchester

OutcomeAllowed in partThe tribunal reduced the rateable value, but by less than the ratepayer sought.

Original RV£177,000£117/m²

Ratepayer sought£111,000

VO conceded first—

Tribunal decided£151,000£105.3/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 argued for a reduced price per m² to reflect quantum (size differential), plus allowances for layout and mixed ages. The tribunal accepted that a 10% quantum adjustment was justified based on comparable industrial schemes showing size differentials, reducing the price from £117 to £105.30 per m². It also allowed a 5% end allowance for layout due to the disjointed nature of the property, but rejected the allowance for mixed ages as unsupported by evidence. The appeal succeeded in part, with the RV reduced from £177,000 to £151,000.

Summary generated from the decision text and checked against it. The appellant was Lots Road Auctions, represented.