Tribunals · Borough Council of Kings Lynn and West Norfolk · 2017 rating list

25, ROLLESBY ROAD, HARDWICK INDUSTRIAL ESTATE, PE30 4LS

Factory and Premises Decided 27 February 2024 CHG101058561 Altus Group - Oakland - Manchester

OutcomeDismissedThe appeal failed, leaving the value at the figure the Valuation Officer had already conceded.
Original RV£60,000£21.5/m²
Ratepayer sought£28,000
VO conceded first£52,000−13% before the hearing
Tribunal decided£52,000£18.5/m²

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 argued the subject factory's assessment should be reduced to £28,000 RV (£9.17/m²) based on its below-market rent of £30,000 pa, which reflected poor quality and high maintenance costs. The tribunal found the rent was out of line with comparable properties in the locality (which analysed to £15.94-£21.88/m²) and accepted that while a 10% quality allowance was reasonable, the comparable evidence and assessments supported the £52,000 RV (£18.50/m²) determination. The appeal was dismissed.

Summary generated from the decision text and checked against it. The appellant was The Bed Base Company Ltd, represented.

Grounds argued

  • Rental evidence
  • Comparable assessments (tone) · decisive
Evidence
Rents, Settled assessments
Cases cited
Lotus and Delta v Culverwell; Gardiner and Theobald LLP v David Jackson
Hearing
1 February 2024

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The tribunal’s decision in full

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