Tribunals · City of London Corporation · 2017 rating list

Various Rooms, Coleman Street, EC2R 5BJ

Offices and premises Decided 29 July 2025 CHG101075524 Avison Young (UK) Ltd

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

Original RV£28,750£395/m²

Ratepayer sought£27,000

VO conceded first—

Tribunal decided£27,000£380/m²

Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 146 properties; the figures shown are for the first listed.

What was argued and what the tribunal found

The appellant (Beaumont Business Centres Ltd) challenged 146 assessments for serviced office suites within a building affected by adjacent building works. The parties reached agreements in principle before the hearing and submitted agreed valuations to the tribunal for ratification. The agreements included: reducing the tone from £395/m² to £380/m²; applying a 4% allowance for MCC disturbance from 1 April 2017; and an additional 4% allowance for building works from 14 August 2017 to 15 October 2020. The tribunal ratified these agreed values as submitted, allowing the appeals in part.

Summary generated from the decision text and checked against it. The appellant was BEAUMONT BUSINESS CENTRES LTD, represented.