Tribunals · City of London Corporation · 2017 rating list

Beaumont Business Centre, Beaumont Business Centre, 80 Coleman Street, 80 Coleman Street, EC2R 5BJ

Offices and premises Decided 29 July 2025 CHG101076755 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 challenged assessments for 146 serviced office units at the building, arguing for reductions to reflect building works disturbance and to apply a lower tone of £380 per m² rather than £395 per m². The parties reached agreement on revised valuations applying a 4% allowance for building works disturbance from April 2017 and an additional 4% for the period August 2017 to October 2020, with the agreed tone of £380 per m² applied across the building. The tribunal ratified the agreed valuations in accordance with Regulation 38(7) of the VTE Procedure Regulations.

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