1 st Flr Unit 2.09, Buck Street Market 198, Camden High Street, Camden High Street, NW1 8QP
Shop and premises (market unit) Decided 19 January 2024 CHG101053638 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 of £2,700 was excessive because the units were in a secondary location (upper floors of a market with lower footfall), had restricted opening hours, and that a landlord's concession suggested overvaluation. The tribunal found no compelling evidence that upper floor locations commanded lower rents in this instance, dismissed the restricted hours argument, and treated the landlord's concession as Covid-related and therefore to be disregarded under the Rating (Coronavirus) Act 2021. The tribunal confirmed that rental evidence from the immediate locality from 2014-15, analysed at £1,360-£3,023 per m², supported the adopted £2,700 per m² and dismissed all appeals.
Summary generated from the decision text and checked against it. The appellant was Appeal My Rates UK Ltd (acting for occupiers), represented.
Grounds argued
- Comparable assessments (tone)
- Floor area or measurement
- Zoning or layout
- Rental evidence
- Evidence
- Rents, Expert report
- 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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