Units 7 8 & 9 Test Valley Business Park, Botley Road, North Baddesley, North Baddesley, SO52 9AB
Factory and premises Decided 22 July 2024 CHG101060442 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 sought a reduction from £210,000 to £165,000 citing poor location, fragmentation, and shared access, with allowances of 11.5%, 5% and 5% respectively. The tribunal found that whilst an 11.5% location allowance was justified (as agreed on the neighbouring distribution centre), there was insufficient evidence to support reductions for shared access and fragmentation, as no detailed information on frequency of access obstruction or photographs of internal layout were provided. The tribunal allowed the appeal in part, reducing the RV to £186,000 by applying only the location allowance.
Summary generated from the decision text and checked against it. The appellant was Draper Tools Ltd, represented.
Grounds argued
- Valuation method · decisive
- Evidence
- Settled assessments
- Hearing
- 28 June 2024
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