13, Glebe Road, PE29 7DX
Warehouse and premises Decided 22 October 2024 CHG101060350 Colliers International
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 contended that the main space price should be reduced from £50/m² to £40/m² based on settlements on larger comparable properties in the same scheme. The tribunal found that rental evidence from 2/4 Tower Close (2,149m²), which analyzed to £53.94/m² and was comparable in size, location and scheme to the subject property (2,012m²), provided the best evidence and supported the maintained valuation. The tribunal dismissed the appeal and confirmed the RV at £92,000.
Summary generated from the decision text and checked against it. The appellant was Quad Electroacoustics Ltd, represented.
Grounds argued
- Comparable assessments (tone)
- Rental evidence · decisive
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus & Delta Ltd v Culverwell (VO) and Leicester City Council; Gardiner & Theobold LLP v Jackson (VO)
- Hearing
- 4 October 2024
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