Tribunals · Royal Borough of Kensington and Chelsea · 2017 rating list

118 A, HOLLAND PARK AVENUE, W11 4UA

Shop and premises Decided 25 June 2024 CHG100921118 Altus Group

OutcomeAllowed in partThe tribunal reduced the rateable value, but by less than the ratepayer sought.

Original RV£36,750£1150/m²

Ratepayer sought£24,500

VO conceded first£31,250−15% before the hearing

Tribunal decided£28,500£1100/m²

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 in RV from £36,750 to £24,500 (£950/m2), arguing that the tone of comparables and poor layout did not support the current valuation. The tribunal found that while the passing rent at £1,276/m2 was relevant, it should not be solely relied upon. After reviewing comparable rental evidence ranging from £846.46 to £1,742.50/m2 and comparable assessments at £850/m2, the tribunal determined a rate of £1,100/m2 was appropriate. An allowance of 5% for poor layout (including a steep spiral staircase limiting access and stock movement) was also warranted. The RV was reduced to £28,500.

Summary generated from the decision text and checked against it. The appellant was Bournewood Designs Limited, represented.