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; serviced offices Decided 29 July 2025 CHG101076830 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 rateable values for serviced offices in a multi-unit building, raising grounds of rental evidence, material change of circumstances from building works, and physical disturbance from those works. The parties reached agreement in principle before the hearing but could not calculate all revised values in detail. The tribunal ratified the agreed valuations, reducing the tone from £395/m² to £380/m² and applying a 4% allowance from 1 April 2017 and an additional 4% (8% total) from 14 August 2017 to 14 October 2020 to reflect the building works disturbance.

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