Central Midlands C0-Op, Granby Road, DE45 1ES
Shop and premises Decided 31 August 2024 CHG100897852 Colliers International - Peter William Gould
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 a 22.5% reduction in RV reflecting a fall in turnover following the opening of an Aldi supermarket within the locality, whilst the Valuation Officer had allowed 6.3%. The tribunal found the VO's methodology unreliable but rejected the appellant's full reduction as based solely on turnover figures without regard to recovery shown by 2022. The tribunal determined a 10% reduction was fair and reasonable given the unique circumstances of the locality, the significant footfall impact, and Aldi's free parking advantage over the town-centre Co-Op.
Summary generated from the decision text and checked against it. The appellant was Central England Cooperative Limited, represented.
Grounds argued
- Change of circumstances · decisive
- Change of circumstances
- Aldi store opening
- Evidence
- Trading accounts, Settled assessments
- Cases cited
- GPS (Great Britain) Ltd & others v Bird [2013] UKUT 527 (LC)
- Hearing
- 14 August 2024
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