Tribunals · City of London Corporation · 2017 rating list

RM 4.10 AT 4TH FLR, Beaumont Business Centre, 80 Coleman Street, 80 Coleman Street, EC2R 5BJ

Offices and premises Decided 29 July 2025 CHG101076857 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 ratings assessments for various serviced offices at 80 Coleman Street, London on the 2017 rating list, arguing for reductions based on material changes in circumstances arising from building works and seeking a lower tone. The parties reached agreement before the hearing on revised valuations applying a reduced tone of £380 per m² (from £395) with 4% allowance for building disturbance from 1 April 2017 and an additional 4% allowance (8% total) from 14 August 2017 until 15 October 2020. The tribunal ratified these agreed values, allowing the appeals in part.

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