Tribunals · Wyre Borough Council · 2023 rating list

Bali Wood Carving, 22 Victoria Road West, FY5 1BU

Shop and premises Decided 3 July 2024 CHG101072268 RVA Surveyors Ltd - Louis Worthington

OutcomeDismissedThe appeal failed and the rateable value was left unchanged.

Original RV£14,250

Ratepayer sought£10,750

VO conceded first—

Tribunal decided£14,250£240/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 in rateable value from £14,250 to £10,750 by reducing the Zone A price from £240/m2 to £180/m2, arguing that passing rents on the subject property (£11,000 per annum) indicated a falling market. The tribunal found that while the subject property's rent was close to the antecedent valuation date and carried weight under Lotus & Delta, comparable rents from adjacent shops in June 2020 (£11,900 at number 18) supported the existing valuation. The tribunal dismissed the appeal, finding the current assessment reasonable and supported by the basket of comparable rents in the locality.

Summary generated from the decision text and checked against it. The appellant was an individual ratepayer, represented.