Tribunals · City of London Corporation · 2017 rating list

Pt 4th Flr 2, London Wall Place, EC2Y 5AU

Office and premises Decided 29 May 2025 CHG100928131 Knight Frank - Rating

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

Original RV—£575/m²

Ratepayer sought£515

VO conceded first£550

Tribunal decided£610,000£550/m²

Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 9 properties; the figures shown are for the first listed.

What was argued and what the tribunal found

The appellants challenged the Valuation Officer's base rate assessment of £575 per m² (including £25 for fit-out), with the majority seeking £515 per m². The parties reached an agreement at £550 per m² with 1% and 2% additions on the 15th and 16th floors respectively for view. The tribunal ratified the agreed rate as reasonable.

Summary generated from the decision text and checked against it. The appellant was Kete Kokoladze & Others, represented.