UNIT 7 FAIRWAY TRADING ESTATE, FAIRWAY CLOSE, TW4 6BU
Warehouse and premises Decided 25 June 2024 CHG101057189 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 3 properties together; the figures above are for this appeal's property (Unit 7 Fairway Trading Estate, Fairway Close, Hounslow, TW4 6BU). Every property is listed below.
The 3 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 7 Fairway Trading Estate, Fairway Close, Hounslow, TW4 6BUThis appeal | £90,000 | — | £90,000 | Dismissed |
| Unit 10 Fairway Trading Estate, Fairway Close, Hounslow, TW4 6BU | £106,000 | — | £106,000 | Dismissed |
| Units 4 & 5, Central Park Estate, Staines Road, Hounslow, TW4 5DJ | £108,000 | — | £107,000 | Allowed in part |
What was argued and what the tribunal found
The appellant argued that the unit price should be reduced from £85/m2 to £75/m2 across all three warehouse properties. The tribunal reviewed rental evidence from comparables and comparable assessments, including rents from 2015 and similar-sized warehouses on nearby estates. The tribunal found that £85/m2 was supported by comparable rental evidence and prior tribunal decisions, and therefore dismissed appeals for Units 7 and 10 at Fairway Trading Estate. However, for Units 4 & 5 at Central Park Estate, the tribunal allowed the appeal in part to reflect a reduction from £108,000 to £107,000 RV due to partial heating identified during a pre-hearing inspection.
Summary generated from the decision text and checked against it. The appellant was Steelo Limited, represented.
Grounds argued
- Comparable assessments (tone) · decisive
- Rental evidence
- Evidence
- Rents, Settled assessments, Earlier tribunal decisions
- Cases cited
- Lotus and Delta v Culverwell
- Hearing
- 30 May 2024
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