Tribunals · City of London Corporation · 2017 rating list

2ND FLR, PROCESSION HOUSE, 55 LUDGATE HILL, 55 LUDGATE HILL, EC4M 7JW

Office and premises Decided 27 August 2025 CHG101071117 Farebrother - David Barrett McCausland

OutcomeAllowed in partThe tribunal reduced the rateable value, but by less than the ratepayer sought.
Original RV£1,410,000
Ratepayer sought£1,220,000
VO conceded first—
Tribunal decided£1,340,000£525/m²

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 £1,410,000 RV to £1,220,000 RV. Prior to hearing, the parties reached verbal agreement at £1,340,000 RV based on a tone of £525/m2, which the tribunal ratified. The appeal was allowed in part with the entry reduced to £1,340,000 RV effective from 20 November 2020.

Summary generated from the decision text and checked against it. The appellant was Crowe UK LLP, represented.

Grounds argued

No grounds were argued — the decision records none.

Cases cited
Lotus and Delta v Culverwell
Hearing
1 August 2025

Similar decisions

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 property

The tribunal’s decision in full

Download the PDF · Find it on valuationtribunal.gov.uk

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.