Tribunals · City of London Corporation · 2017 rating list

RM 6.03 6TH FLR, Beaumont Business Centre, 80 Coleman Street, 80 Coleman Street, EC2R 5BJ

Offices and premises Decided 29 July 2025 CHG101076816 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—

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

Appellant (Beaumont Business Centres Ltd) challenged 146 assessments at a serviced office building on various grounds including tone of list comparables and material change of circumstances from building works. The parties agreed in principle prior to hearing and presented agreed valuations reducing the tone from £395/m² to £380/m² with 4% allowance for building works disturbance from 1 April 2017, and additional 4% allowance (8% total) for the period 14 August 2017 to 15 October 2020. The Tribunal ratified the agreed values, and as the appeals succeeded in part, ordered a refund of the paid fees.

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