1 st Flr Unit 2.05, Buck Street Market 198, Camden High Street, Camden High Street, NW1 8QP
Units in Buck Street Market (former shipping containers) Decided 19 January 2024 CHG101053624 Appeal My Rates UK Ltd
Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 8 properties; the figures shown are for the first listed.
What was argued and what the tribunal found
The appellants argued that the price per m² adopted (£2,700) was unreasonable compared to secondary locations and that upper floor units should have lower values due to reduced footfall. They also sought to rely on rent concessions provided by the landlord. The tribunal found no compelling evidence that the units were in a secondary location or that upper floor locations commanded lower rents in this instance. The tribunal placed greatest weight on rental evidence from the immediate locality close to the antecedent valuation date (2014-15), which supported the £2,700 per m² valuation, and dismissed the appeals.
Summary generated from the decision text and checked against it. The appellant was Appeal My Rates UK Ltd, represented.
Grounds argued
- Comparable assessments (tone) · decisive
- Rental evidence
- Zoning or layout
- Evidence
- Rents, rental_evidence
- Cases cited
- Gardiner & Theobald LLP v David Jackson (VO) [2018] UKUT 0253 (LC); Vistra International Expansion Ltd and others v Ms Dawn Bunyan (Valuation Officer)
- Hearing
- 20 December 2023
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