Cambridge Microfab, Broadway Barn, CB23 2TA
Office, laboratories and premises Decided 30 August 2024 CHG101044532 Gerald Eve LLP - Thomas Kinsey
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 reductions in the relativities applied to workshop and laboratory areas, proposing a workshop relativity of 70% instead of 100% and a laboratory uplift of 5% instead of 20%. The tribunal found that the workshop area, with good natural light, plastered walls and underfloor heating, could be let as offices with minimal alteration, and therefore the 100% relativity was appropriate. The tribunal was not persuaded by the appellant's comparable evidence that a 5% laboratory uplift was justified, noting the specialist nature of the clean rooms and the previous tribunal decision supporting the 20% uplift. The appeal was dismissed with the RV remaining at £38,250.
Summary generated from the decision text and checked against it. The appellant was Cambridge Microfab Limited, represented.
Grounds argued
- Comparable assessments (tone)
- Valuation method
- Evidence
- Settled assessments, Earlier tribunal decisions
- Cases cited
- Gardiner & Theobald LLP v David Jackson [2018] UKUT 0253 (LC)
- Hearing
- 2 August 2024
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