Tribunals · City of Westminster · 2017 rating list

Fifth Floor, 123 Pall Mall, SW1Y 5EA

Office and premises Decided 13 March 2025 CHG100863297 Allsop LLP - John Banbury

OutcomeAllowed in partThe tribunal reduced the rateable value, but by less than the ratepayer sought.
Original RV£119,000£850/m²
Ratepayer sought£77,000
VO conceded first£112,000−6% before the hearing
Tribunal decided£98,000£700/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 challenged the rateable value of £119,000 for a fifth-floor office on Pall Mall, proposing £77,000 based on comparable rents. The tribunal found the current RV unreasonable as it applied the same base rate (£800 psm) used for superior quality properties at 45 and 50 Pall Mall. The tribunal determined £98,000 (£700 psm) was reasonable, accounting for the subject property's inferior layout as a converted townhouse compared to modern rebuilt offices, while being in a superior location to comparable properties on Charles II Street.

Summary generated from the decision text and checked against it. The appellant was Aravis Capital, represented.

Grounds argued

  • Rental evidence
  • Comparable assessments (tone)
Evidence
Rents, Settled assessments, Photographs, Expert report
Cases cited
Lotus and Delta v Culverwell; Gardiner & Theobald LLP v David Jackson
Hearing
16 January 2025

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