Tribunals · City of London Corporation · 2017 rating list

RM 3.08 AT 3RD FLR 80, COLEMAN STREET, EC2R 5BJ

Decided 29 July 2025 CHG101076827 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 assessments in the building relating to serviced offices, citing material change of circumstance from building works and disturbance. Prior to the hearing, the parties agreed in principle to reduce the main rate from £395/m² to £380/m², apply a 4% allowance for disturbance from 1 April 2017, and an additional 4% (total 8%) from 14 August 2017 to 14 October 2020. The tribunal ratified these agreed valuations, confirming the reduction of the tone of value and the temporary allowances for the period of building works disturbance.

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