UNIT 10 FAIRWAY TRADING ESTATE, FAIRWAY CLOSE, TW4 6BU
Warehouse and premises Decided 25 June 2024 CHG101063411 Altus Group - Oakland - Manchester
Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 3 properties; the figures shown are for the first listed.
What was argued and what the tribunal found
The appellants sought a reduction in the unit price from £85/m² to £75/m² for three warehouse properties. The tribunal found that rental evidence from comparable properties and assessments on comparable hereditaments, including a confirmed assessment at £85/m² for Unit 9 Fairway Trading Estate, supported the existing rate of £85/m². The appeals for Units 7 and 10 at Fairway Trading Estate were dismissed, while the appeal for Units 4 & 5 at Central Park Estate was allowed in part due to a structural adjustment for partial heating, reducing the RV from £108,000 to £107,000.
Summary generated from the decision text and checked against it. The appellant was Steelo Limited, represented.
Grounds argued
- Comparable assessments (tone) · decisive
- Rental evidence
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus & Delta v Culverwell
- Hearing
- 30 May 2024
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