Tribunals · City of London Corporation · 2017 rating list

Office Levels 1-7, 100 Bishopsgate, EC2N 4AG

Offices and premises Decided 17 April 2025 CHG100881205 Jones Lang LaSalle - Stanley Booton

OutcomeDismissedThe appeal failed, leaving the value at the figure the Valuation Officer had already conceded.
Original RV£11,000,000
Ratepayer sought£9,310,000
VO conceded first£10,230,000−7% before the hearing
Tribunal decided£10,230,000£575/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 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

Similar decisions

All decisions in City of London Corporation · 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.