Barclays Bank plc, Market Place, NN16 0AH
Bank and Premises Decided 10 June 2024 CHG100884839 JLL
Figures are as stated in the decision, and are values in the 2017 list; a dash means the document does not state that figure. This judgement decided 4 properties together; the figures above are for this appeal's property (Barclays Bank plc, Market Place, Kettering NN16 0AH). Every property is listed below.
The 4 properties in this decision
One judgement covered all of these appeals. Each property’s figures as the judgement states them (2017 list); this appeal’s property is highlighted.
| Property | Original RV | Sought | Tribunal decided | Outcome |
|---|---|---|---|---|
| Barclays Bank plc, Market Place, Kettering NN16 0AHThis appeal | £56,500 | — | £53,500 | Allowed in part |
| 20/22 The Mall, Gold Street, Kettering NN16 8JL | £82,000 | — | £78,000 | Allowed in part |
| Unit 1 at 36 The Mall, Gold Street, Kettering NN16 8JA | £51,000 | — | £48,250 | Allowed in part |
| 1a Queen Square, Corby NN17 1PD | £82,500 | — | £82,500 | Dismissed |
What was argued and what the tribunal found
The appellants argued that the opening and expansion of Rushden Lakes Shopping Centre constituted a material change of circumstances affecting the rateable values of retail units in Kettering and Corby town centres, and sought allowances of 15%. Following a preliminary determination that Rushden Lakes fell within the locality of the appeal properties, the Valuation Officer conceded 5% allowances for the Kettering properties. The tribunal found the existing valuations unreasonable and allowed the Kettering appeals in part at the 5% conceded figure, reducing three entries by 5% with effect from 28 June 2019, but dismissed the Corby appeal on the basis that no allowance had been conceded by the VO for that property.
Summary generated from the decision text and checked against it. The appellant was Barclays Bank PLC and Poundland Limited, represented.
Grounds argued
- Change of circumstances
- Change of circumstances
- out of town retail park expansion
- Evidence
- Expert report, Photographs
- Cases cited
- GPS (Great Britain) Ltd v Bird; Merlin Entertainments Group Ltd v Cox (VO); K Shoe Shops Ltd v Hardy (VO) and Westminster CC; Morton (VO) v Synor Electronics Ltd; Shearson Lehman Brothers Ltd v Humphreys (VO); Jafton Properties Ltd v Prisk (VO); Gallagher (VO) v Church of Jesus Christ of Latter-day Saints; Stena Line Ltd v Valuation Officer
- Hearing
- 29 May 2024
Similar decisions
- National Westminster Bank Plc, 43 High Street, NN10 0QE — Dismissed, 1 Jul 2024
- 21, Spring Lane, NN8 1EY — Allowed, 24 Jun 2024
- 43, Spring Lane, NN8 1EY — Allowed, 24 Jun 2024
- Poundland, 8-11 Corn Lane, NN8 1EZ — Allowed in part, 24 Jun 2024
All decisions in North Northamptonshire Council · Shops 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 propertyThe tribunal’s decision in full
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.