Tribunals · City of Westminster · 2017 rating list

1st Flr West Almack Hse, 28, King Street, SW1Y 6QW

Offices and premises Decided 14 February 2025 CHG100880569 Altus Group - Oakland - Manchester

OutcomeDismissedThe appeal failed, leaving the value at the figure the Valuation Officer had already conceded.
Original RV£855,000£975/m²
Ratepayer sought£685,000
VO conceded first£835,000−2% before the hearing
Tribunal decided£835,000£975/m²

Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 4 properties; the figures shown are for the first listed.

What was argued and what the tribunal found

The appellants challenged the rateable value assessments of four office properties in Almack House, King Street, London, seeking reductions from the VO's agreed price of £975/m² to £800/m². The tribunal found that the VO's valuation was reasonable, supported by limited but reliable rental evidence close to the antecedent valuation date and consistent with settled appeals for neighbouring buildings at 23 and 33 King Street (agreed at £1,000/m²). The tribunal rejected the appellants' arguments that Almack House should be valued lower than its neighbours due to inferior fit-out, finding insufficient evidence of material differences in office quality and no internal photographs to support the comparison.

Summary generated from the decision text and checked against it. The appellant was Findlay Park Partners LLP and Jordan International Bank PLC, represented.

Grounds argued

  • Comparable assessments (tone)
Evidence
Rents, Settled assessments, Photographs
Hearing
15 January 2025

Similar decisions

All decisions in City of Westminster · Offices nationally

Is your own rateable value in line?

A free check compares a property with the assessments around it and says plainly whether there is anything worth pursuing.

Check a property

The tribunal’s decision in full

Download the PDF · Find it on valuationtribunal.gov.uk

Decision © Crown copyright, published by the Valuation Tribunal Service under the Open Government Licence v3.0 and reproduced unaltered. This site does not index the names of private individuals that appear in decisions. Information, not advice.