UNIT 17 M11 BUSINESS LINK, PARSONAGE LANE, CM24 8GF
Warehouse and premises Decided 10 May 2024 CHG101053396 Ryan
Figures are as stated in the decision, and are values in the 2017 list; a dash means the document does not state that figure. This judgement decided 4 properties together; the figures above are for this appeal's property (Unit 17, M11 Business Link, Parsonage Lane, Stansted CM24 8GF). Every property is listed below.
The 4 properties in this decision
One judgement covered all of these appeals. Each property’s figures as the judgement states them (2017 list); this appeal’s property is highlighted.
| Property | Original RV | Sought | Tribunal decided | Outcome |
|---|---|---|---|---|
| Unit 8, M11 Business Link, Parsonage Lane, Stansted CM24 8GF | £40,250 | £39,500 | £40,250 | Dismissed |
| Unit 18, M11 Business Link, Parsonage Lane, Stansted CM24 8GF | £32,000 | £31,250 | £32,000 | Dismissed |
| Unit 17, M11 Business Link, Parsonage Lane, Stansted CM24 8GFThis appeal | £40,000 | £39,000 | £40,000 | Dismissed |
| Unit 10, M11 Business Link, Parsonage Lane, Stansted CM24 8GF | £46,250 | £45,250 | £46,250 | Dismissed |
What was argued and what the tribunal found
The appellants contended that the subject properties on the M11 Business Link estate should be valued at an unadjusted rate (UAR) of £85/m² based on comparable properties with lower rates, whereas the Valuation Officer argued for £87/m² based on the actual rent of the subject property and comparable rental evidence. The tribunal found that Unit 15, with a lease commencing on the antecedent valuation date at £88.02/m², provided the strongest comparable evidence, supporting the £87/m² rate and establishing a tone for smaller industrial units on the same estate. The appeals were dismissed.
Summary generated from the decision text and checked against it. The appellant was Gamit Ltd, represented.
Grounds argued
- Comparable assessments (tone) · decisive
- Rental evidence
- Evidence
- Rents, tone_of_list_comparables
- Cases cited
- Lotus and Delta v Culverwell; Gardiner & Theobald LLP v David Jackson
- Hearing
- 15 April 2024
Similar decisions
- 16 & 17, OAK INDUSTRIAL PARK, CM6 1XG — Dismissed, 4 Sept 2024
- UNIT 10 M11 BUSINESS LINK, PARSONAGE LANE, CM24 8GF — Dismissed, 10 May 2024
- UNIT 8 M11 BUSINESS LINK, PARSONAGE LANE, CM24 8GF — Dismissed, 10 May 2024
- UNIT 18 M11 BUSINESS LINK, PARSONAGE LANE, CM24 8GF — Dismissed, 10 May 2024
All decisions in Uttlesford District Council · Industrial and warehouses nationally
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