Unit 17, Level 2, Victoria Shopping Centre,, HG1 1AD
Shop and premises Decided 23 November 2024 CHG101051346 BNP Real Estate - Steven Turton/CBRE - Celia Bond
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 argued that the RV of £69,500 should be reduced to £52,000 (zone A rate of £800/m²), relying on the subject property's rental history showing a downward trajectory from 2008, and comparable assessments of smaller kiosk-type units with lower zone A rates (£750-£850/m²). The tribunal found the appellant's comparables were not properly comparable, being significantly smaller units attracting different tenant types, and accepted the respondent's evidence of established comparable zone A rates of £1,050/m² for standard-sized shops in the same location. The tribunal dismissed the appeal, confirming the RV at £69,500.
Summary generated from the decision text and checked against it. The appellant was The Body Shop International plc, represented.
Grounds argued
- Comparable assessments (tone) · decisive
- Evidence
- Settled assessments, Photographs
- Cases cited
- Lotus and Delta v Culverwell
- Hearing
- 24 October 2024
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