Bst-gnd Flrs 56-58, Cheapside, EC2V 6AR
Shop and premises Decided 20 June 2024 CHG101050102 Tanner Rose - Adrian Rose
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 subject property's RV of £287,500, proposing £125,600 based on a zone A rate of £1,200/m2, citing COVID impacts and 13 vacant properties on Cheapside. The Valuation Officer revised its position to £1,700/m2 (£179,000 RV). The tribunal found the strongest evidence to be comparable rents at 101 Cheapside and 90 Cheapside, which supported the £1,700/m2 tone, and rejected the appellant's proposed lower rate and shape allowance claim due to insufficient evidence.
Summary generated from the decision text and checked against it. The appellant was an individual ratepayer, represented.
Grounds argued
- Comparable assessments (tone)
- Zoning or layout
- Change of circumstances
- Change of circumstances
- covid
- Evidence
- Rents, settlement_comparables
- Cases cited
- Lotus and Delta v Culverwell
- Hearing
- 21 May 2024
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