Office Levels 1-7, 100 Bishopsgate, EC2N 4AG
Offices and premises Decided 17 April 2025 CHG100881205 Jones Lang LaSalle - Stanley Booton
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 sought an end or podium allowance of 10% on grounds that lower floors lacked natural light, were overlooked by neighbouring buildings, and suffered noise and visual intrusion. The tribunal upheld the respondent's determination of £10,230,000 RV, finding that the City of London's dense urban character meant a hypothetical tenant would expect such proximity to ground level and surrounding buildings, that any privacy concerns could be mitigated, and that a quantum allowance for the large floor area had already been awarded, making no further allowance appropriate.
Summary generated from the decision text and checked against it. The appellant was Royal Bank of Canada, represented.
Grounds argued
- Quantum or end allowance · decisive
- Other
- Evidence
- tone_of_list_comparables, Photographs, Settled assessments
- Cases cited
- Gardiner & Theobald LLP v David Jackson (VO) [2018] UKUT 0253 (LC)
- Hearing
- 26 March 2025
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