O2, Unit 45, NN3 8JZ
Retail shop Decided 1 July 2024 CHG100863772 Cluttons - Michael Charles Hampton Riddington/HMRC Solicitor’s Office - Victoria Williams
Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 7 properties; the figures shown are for the first listed.
What was argued and what the tribunal found
The appellants contended that a material change of circumstances had occurred due to the opening and expansion of Rushden Lakes Shopping Centre, which lay within the same locality as the appeal properties in Northampton town centre. The tribunal found the preliminary locality issue in favour of the appellants, adopting reasoning from prior panels that Rushden Lakes, approximately 15 miles away, was within the same locality and its negative effects were physically manifest in the town centre. Accordingly, the entries were reduced by the agreed allowance of 7½% to reflect this material change.
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
- anchor store closure
- Hearing
- 27 June 2024
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