6TH F 55, OLD BROAD STREET, EC2M 1RX
Offices and premises Decided 19 March 2025 CHG101073808 Ryan Property Tax Services UK Limited/Altus Group - Oakland - Manchester
Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 5 properties; the figures shown are for the first listed.
What was argued and what the tribunal found
The appellant argued that the tone of value for main space should be reduced from £420/m2 to £375/m2, relying primarily on analysis of one rental transaction. The tribunal found the Valuation Officer's analysis of a basket of rental evidence, particularly two rents agreed close to the antecedent valuation date showing higher per m2 values, to be compelling and supported the tone of £420/m2. The appeals were dismissed as the tribunal was not satisfied that any reduction was warranted.
Summary generated from the decision text and checked against it. The appellant was JCW Search Limited, Gb Railfreight Ltd, Finn Partners The Travel Company Limited, represented.
Grounds argued
- Comparable assessments (tone)
- Rental evidence
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus and Delta v Culverwell; Gardiner & Theobald LLP v David Jackson
- Hearing
- 25 February 2025
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