O2, 12 Abington Street, NN1 2AJ
Shop and premises Decided 1 July 2024 CHG100863782 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 challenged retail shop valuations in Northampton town centre on grounds of material change of circumstances following the opening and expansion of Rushden Lakes Shopping Centre. The preliminary issue was whether Rushden Lakes fell within the same locality as the appeal properties. The tribunal, relying on earlier decisions in relation to Kettering and Wellingborough, found that Northampton was approximately 15 miles from Rushden Lakes and within the same locality, as the shopping centre's negative effects were physically manifest in reduced trade and customer numbers. The parties had agreed a 7½% allowance, and the tribunal reduced the rateable values accordingly with effect from 28 June 2019.
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
- 27 June 2024
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