Tribunals · City of London Corporation · 2017 rating list

RMS 305-306 3RD FLR, 80 COLEMAN STREET, EC2R 5BJ

Offices and premises; serviced offices Decided 29 July 2025 CHG101076779 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 146 assessments for serviced offices in a multi-storey building, arguing that the tone of the list was excessive and that material change of circumstance due to building works affected the value from August 2017 and September 2019. The parties reached agreements on revised values before the hearing and the tribunal ratified these agreements. The agreed position reduced the main tone from £395/m² to £380/m², applied a 4% allowance from April 2017 to August 2017 for building works, and an additional 8% allowance from August 2017 to October 2020.

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