Unit 37 To 38, Weston Favell Centre, NN3 8JZ
Retail shop Decided 1 July 2024 CHG100884838 Jones Lang LaSalle
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 claimed material change of circumstances due to the opening and expansion of Rushden Lakes Shopping Centre, which negatively impacted retail properties in Northampton town centre. The tribunal found that Rushden Lakes was within the same locality as the appeal properties and that the negative effects were physically manifest in the town centre through reduced pedestrian flow and trade. The entries were reduced by 7½%, the allowance previously agreed by the parties, 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
- opening and expansion of Rushden Lakes Shopping Centre
- Hearing
- 27 June 2024
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