BOOTS THE CHEMIST HOTSPUR WAY, NE1 7XE
Shop and premises Decided 12 August 2025 CHG101063079 WSP Real Estate Services Limited
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
Boots the Chemist challenged the 2017 rating list entry of £1,320,000 RV, proposing £1,070,000 (£150/m2). The Valuation Officer reduced it to £1,220,000 (£170/m2). The tribunal allowed the appeal in part, determining that while £170/m2 was excessive, the proposed £150/m2 did not adequately account for Newcastle's superior location compared to the comparable Boots Victoria Centre (£150/m2). The tribunal fixed the RV at £1,140,000 (£160/m2), finding this rate reasonable when accounting for locality differences.
Summary generated from the decision text and checked against it. The appellant was BOOTS THE CHEMIST, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone) · decisive
- Evidence
- Settled assessments, Earlier tribunal decisions
- Cases cited
- Lotus and Delta v Culverwell; Gardiner & Theobald LLP v David Jackson
- Hearing
- 14 July 2025
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