Unit 1, Hargreaves Way, Mannaberg Way, DN15 8XE
Warehouse and Premises Decided 19 February 2024 CHG100901470 Altus Group - Oakland - Manchester
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 reduction to £133,000 RV (UAR £24.10 per m²) arguing the subject property should be valued lower based on comparable evidence and indirect rental evidence from Balmer Lindley. The tribunal upheld the original assessment of £142,000 RV (UAR £25.80 per m²), finding that the actual rents passing on the subject property in 2010 and 2020 supported the adopted value, the Balmer Lindley comparable reflected different attributes and inferior quality, and comparable assessments in the same Sawcliffe Industrial Area supported the UAR applied. The appellant failed to produce sufficient evidence to prove the existing UAR was excessive.
Summary generated from the decision text and checked against it. The appellant was Nexon SCM Group Ltd, represented.
Grounds argued
- Comparable assessments (tone)
- Rental evidence
- Evidence
- Rents, Settled assessments, Photographs
- Cases cited
- Lotus and Delta v Culverwell; Gardiner & Theobald LLP v Jackson
- Hearing
- 22 January 2024
Similar decisions
- UNIT 2,, DUNLOP WAY,, QUEENSWAY IND ESTATE,, QUEENSWAY IND ESTATE,, DN16 3RN — Dismissed, 27 Jan 2021
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