Tribunals · City of London Corporation · 2017 rating list

RM 3.10 AT 3RD FL 80, COLEMAN STREET,, Beaumont Business Centre, EC2R 5BJ

Offices and premises Decided 29 July 2025 CHG101076801 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 suites within the same building on multiple grounds including material change of circumstances relating to building works. The parties agreed in principle before the hearing to reduce the main tone from £395/m² to £380/m², apply a 4% allowance from 1 April 2017 for building disturbance, and an additional 4% (8% total) from 14 August 2017 with the allowance ending on 15 October 2020. The tribunal ratified the agreed values as submitted by the appellant.

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