Warehouse 2 at 4 Acre Road, RG2 0SU
Warehouse and premises Decided 12 May 2025 CHG101070014 Colliers International - Matthew Webb
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 £136,000 to £123,000, arguing for a 10% fragmentation allowance (instead of the existing 5%) plus a 5% access allowance. The tribunal found that the fragmented nature of the site—comprising four separate units with buildings separated by a yard—warranted an increase in the fragmentation allowance from 5% to 10%, based on comparable properties and the serious disadvantage posed by site fragmentation. However, the tribunal rejected the access allowance, finding the shared access with one other property, with adequate turning space and separate yards, did not warrant additional allowance. The RV was reduced to £130,000.
Summary generated from the decision text and checked against it. The appellant was Business Moves Group, represented.
Grounds argued
- Valuation method
- Evidence
- Rents, Settled assessments, Earlier tribunal decisions, Photographs
- Cases cited
- Lotus & Delta Ltd v Culverwell (VO) and Leicester City Council; Gardiner & Theobold LLP v Jackson (VO)
- Hearing
- 15 April 2025
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