2 Nd & 3rd Flrs 2, London Wall Place,, EC2Y 5AU
Office and premises Decided 29 May 2025 CHG101057711 CBRE - David Shuttleworth
Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 9 properties; the figures shown are for the first listed.
What was argued and what the tribunal found
The appellants challenged the Valuation Officer's base rate assessment of £575 per m² (including £25 fit out), with the majority seeking £515 per m². The tribunal ratified an agreed rate of £550 per m² for the base, with additional premiums of 1% for the 15th Floor and 2% for the 16th Floor for views. The agreed rate was found to be reasonable in light of the evidence and submissions presented.
Summary generated from the decision text and checked against it. The appellant was Kete Kokoladze & Others, represented.
Grounds argued
- Comparable assessments (tone)
- Rental evidence
- Evidence
- Rents, Expert report
- Cases cited
- Lotus and Delta v Culverwell
- Hearing
- 15 May 2025
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