Tribunals · City of London Corporation · 2017 rating list

RM 6.04 6TH FLR, Beaumont Business Centre, 80 Coleman Street, 80 Coleman Street, EC2R 5BJ

Decided 29 July 2025 CHG101076814 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£27,000−6% before the hearing

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 serviced office assessments in the building on various grounds including material change of circumstances from building works and tone of list arguments. The parties reached agreement during pre-hearing discussions and presented agreed revised valuations at the hearing. The tribunal ratified the agreements, which involved reducing the main tone from £395 per m² to £380 per m² with additional allowances of 4% (1 April 2017) and 8% (14 August 2017 to 15 October 2020) to reflect building works disturbance, consistent with Regulation 38(7) which allows finite-period reductions for temporary circumstances.

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