S G Petch, Castle View, Castletown, SR5 3AH
Car showroom and premises Decided 28 February 2025 CHG101046722 Sanderson Weatherall LLP - Nick Vincent
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, operator of a converted supermarket car showroom, challenged the £135/m2 valuation seeking £115/m2 with a 10% visibility allowance, arguing the market had stagnated and comparable properties showed lower increases. The tribunal found the VO's evidence of market recovery, rental value increases, and sustained investment in the area to be compelling, and rejected the argument that 2010 rates were an appropriate starting point. The tribunal confirmed £125/m2 as reasonable, finding the property had good access and visibility and did not warrant the allowance sought.
Summary generated from the decision text and checked against it. The appellant was S G Petch Ltd, represented.
Grounds argued
- Comparable assessments (tone)
- Quantum or end allowance
- Evidence
- Rents, Settled assessments, Expert report
- Cases cited
- Lotus and Delta v Culverwell
- Hearing
- 4 February 2025
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