Lounge, 2nd Floor, 100 Liverpool Street, EC2M 2AT
Offices and premises Decided 26 March 2025 CHG101061645 Knight Frank - Bjorn Bowles
Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 14 properties; the figures shown are for the first listed.
What was argued and what the tribunal found
The appellant sought additional allowances for disturbance caused by major building works at two adjacent developments (1-2 Broadgate and 1-14 Liverpool Street) and a separate allowance for loss of amenity. The tribunal found that the most disruptive works (demolition) had occurred before the material date of 13 January 2023, that the BREEAM outstanding building rating would shield the properties, and that rent reductions occurred at the height of works too far from the material date. The tribunal upheld the VO's existing allowances and dismissed appeals for additional allowances.
Summary generated from the decision text and checked against it. The appellant was British Land T/A Storey, represented.
Grounds argued
- Change of circumstances · decisive
- Quantum or end allowance
- Change of circumstances
- building works demolition and reconstruction
- Evidence
- Rents, Photographs, Earlier tribunal decisions
- Cases cited
- Gardiner & Theobald LLP v David Jackson [2018] UKUT 0253 (LC); 4th Floor Veritas House, 125 Finsbury Pavement (CHG100327665); 3rd Floor, 23rd-33rd Floors and 21st Floor at The Broadgate Tower, 20 Primrose Street
- Hearing
- 3 March 2025
Similar decisions
- 5 TH FLR 1, BARTHOLOMEW LANE, EC2N 2AX — Dismissed, 10 Sept 2026
- Petronas Energy Trading Ltd, Petronas Energy Trading Ltd, EC4M 7AW — Dismissed, 20 Jul 2026
- Equistone Partners Europe Limited, PT 6TH FLR 60 Ludgate Hill, EC4M 7AW — Dismissed, 20 Jul 2026
- Ropes & Gray International Llp, 5th Floor South, EC4M 7AW — Dismissed, 20 Jul 2026
All decisions in City of London Corporation · Offices nationally
Is your own rateable value in line?
A free check compares a property with the assessments around it and says plainly whether there is anything worth pursuing.
Check a propertyThe tribunal’s decision in full
Decision © Crown copyright, published by the Valuation Tribunal Service under the Open Government Licence v3.0 and reproduced unaltered. This site does not index the names of private individuals that appear in decisions. Information, not advice.