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 CHG101076766 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 serviced office assessments at 80 Coleman Street, London on the 2017 rating list, arguing for reductions due to adjacent building works and disputed valuation tone. The parties reached agreements before the hearing reducing the main tone from £395/m² to £380/m² and applying allowances of 4% (from 1 April 2017) and 8% (from 14 August 2017) to reflect the disturbance caused by building works. The tribunal ratified the agreed valuations, allowing the appeals in part. The regulation confirmed the tribunal's power to order a reduction for a finite period reflecting the duration of the circumstances (building works ending 15 October 2020).

Summary generated from the decision text and checked against it. The appellant was Beaumont Business Centres Ltd, represented.