Tribunals · London Borough of Newham · 2017 rating list

(inc Site 2B) Units 6-6A & 7 Standard Industrial Estate, Factory Road, E16 2EJ

Warehouse and Premises Decided 1 February 2024 CHG100865927 Altus Group - Oakland - Manchester

OutcomeAllowedThe tribunal reduced the rateable value.
Original RV£212,000£15/m²
Ratepayer sought£178,000
VO conceded first—
Tribunal decided£178,000£10/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 contended that the land associated with the warehouse should be valued at £10 per m² as ancillary space, rather than the Valuation Officer's £15 per m². The tribunal found that the appellant's comparable properties, which had similar building-to-land ratios and land valued at £10 per m², were more comparable than the respondent's comparable properties (which had been placed in a different valuation scheme for storage-only sites). The tribunal was satisfied that the land was ancillary to the building and should be valued at £10 per m² in accordance with the scheme in which the subject property had been placed, reducing the RV from £212,000 to £178,000.

Summary generated from the decision text and checked against it. The appellant was The Metal Recycling Group Limited, represented.

Grounds argued

  • Rental evidence
  • Comparable assessments (tone)
  • Valuation method
Evidence
Rents, Settled assessments, Photographs
Cases cited
Lotus and Delta v Culverwell; Gardiner & Theobald LLP v Jackson
Hearing
12 January 2024

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