Tribunals · North Northamptonshire Council · 2017 rating list

40 Market Street, NN8 1AA

Retail premises Decided 24 June 2024 CHG101060381 Cushman & Wakefield - Nicholas Walton

OutcomeMixed

Original RV—

Ratepayer sought—

VO conceded first—

Tribunal decided£68,000from 28 Jun 2019

Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 8 properties; the figures shown are for the first listed.

What was argued and what the tribunal found

The appellants argued that the assessments of eight retail properties in Wellingborough did not reflect the adverse effects of the opening of Rushden Lakes Shopping Centre in July 2017 and its expansion in June 2019, which had drawn footfall and revenue away from the town centre. The tribunal allowed seven appeals and allowed one in part with 10% reductions agreed between the parties, finding that Wellingborough fell within the same locality as Rushden Lakes as established in a prior tribunal decision, and that the material change of circumstances had occurred on 28 June 2019 (the date of the expansion).

Summary generated from the decision text and checked against it. The appellant was Barclays Bank Plc, represented.