Tribunals · London Borough of Islington · 2017 rating list

116N Upper Street, N1 1QP

Restaurant and premises Decided 11 October 2024 CHG101073047 CBRE - Celia Bond

OutcomeAllowed in partThe tribunal reduced the rateable value, but by less than the ratepayer sought.

Original RV£142,000£390/m²

Ratepayer sought£107,000

VO conceded first£131,000−8% before the hearing

Tribunal decided£131,000£344/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 argued the subject property had been incorrectly valued as a shop using the zoning method, when it should be valued as a restaurant on an overall basis. The tribunal found that the physical alterations required to convert the property from a restaurant would exceed minor changes, applying the principle from Williams v Scottish & Newcastle. Accordingly, the tribunal determined that an overall rate of £344/m² was appropriate, reducing the rateable value from the original list entry of £142,000 to £131,000, but rejecting the appellant's proposed figure of £107,000 as the evidence did not support a base rate as low as £290/m².

Summary generated from the decision text and checked against it. The appellant was Sager House Almeida Limited, represented.