SUITE E 3RD FLR, 19 UPPER KING STREET, NR3 1RB
Offices and Premises Decided 29 July 2024 CHG100893457 Ken Batty Chartered Surveyors - Sara
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, through its surveyor, argued that the subject third-floor office should be valued at £100-£105 per m2 with a 5% allowance for pillars, rather than the assessed £112.50 per m2. The tribunal examined comparable rental evidence from similar-sized offices in the same building and locality, finding the £112.50 per m2 adopted rate was reasonable. It rejected the 5% allowance for pillars, concluding that while pillars may be a disadvantage, the tribunal was not provided with comparable evidence of allowances in the local Norwich office market to support the claim.
Summary generated from the decision text and checked against it. The appellant was Clancy Consulting Limited, represented.
Grounds argued
- Rental evidence
- Quantum or end allowance
- Evidence
- Rents, Earlier tribunal decisions
- Hearing
- 15 July 2024
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