Church House, Church Street, S63 7RD
Public house and premises Decided 21 May 2024 CHG100907684 BNP Paribas Real Estate
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 challenged the £54,500 RV, arguing the property was over-trading and should be valued at £31,000 applying a 60% discount to wet FMT. The Valuation Officer had allowed only a 28% discount to £415,000 wet FMT. The tribunal found The Red Lion (a comparable town-centre pub) at £150,000 wet FMT demonstrated the appellant's proposed £235,000 wet FMT was reasonable, allowing the discount and upholding the £31,000 assessment.
Summary generated from the decision text and checked against it. The appellant was J D Wetherspoon PLC, represented.
Grounds argued
- Trading receipts (pubs, hotels)
- Valuation method · decisive
- Quantum or end allowance
- Evidence
- Settled assessments, Earlier tribunal decisions, Expert report
- Cases cited
- Watney Mann Limited v Langley (VO); Gardiner & Theobald LLP v David Jackson (VO)
- Hearing
- 23 April 2024
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All decisions in Rotherham Metropolitan Borough Council · Pubs, hotels and leisure nationally
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