Johnson Matthey Technology Centre, Blounts Court Road, RG4 9NH
Offices and premises Decided 20 May 2025 CHG101056629 Colliers International - Matthew Webb
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 RV of £635,000 (at £110/m²), seeking £420,000 based on a £80/m² rate and arguing for increased end allowance due to fragmentation and excessive relativities for hi-tech areas. The tribunal dismissed the base rate and relativity challenges, finding insufficient evidence, but allowed the end allowance claim. The tribunal agreed the property's significant fragmentation across six buildings warranted increasing the end allowance from 5% to 15%, reducing the RV to £515,000.
Summary generated from the decision text and checked against it. The appellant was Johnson Matthey PLC, represented.
Grounds argued
- Comparable assessments (tone)
- Quantum or end allowance · decisive
- Evidence
- comparable_assessments
- Cases cited
- Lotus and Delta v Culverwell (VO) [1976] RA 141; Gardiner & Theobald LLP v David Jackson (VO) [2018] UKUT 0253 (LC); Simpsons Malt & Others v Craig Jones (VO) & Others [2017] UKUT 0460; Denton v TH White Ltd [2014] WLR 3926
- Hearing
- 23 April 2025
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