5, CASTLE MOUND WAY, CV23 0WB
Distribution warehouse and premises Decided 28 April 2025 CHG101081252 Ryan Property Tax Services UK Limited/Altus Group - Oakland - Manchester
Figures are as stated in the decision; a dash means the document does not state that figure.
What was argued and what the tribunal found
The appellant contended that the adopted price of £55 per m² was excessive, proposing £52.50 per m² based on settlements for comparable distribution warehouses across the Midlands region. The tribunal found that the subject rent (£1,287,960 per annum, effective from the antecedent valuation date of 1 April 2015) analysed at £62.17 per m² provided strong evidence supporting the adopted price, supported by comparable local rents at Unit 8 Castle Mound (£58.18 per m²). The tribunal dismissed the appeal as the appellant failed to provide compelling evidence that the adopted price of £55 per m² was excessive.
Summary generated from the decision text and checked against it. The appellant was Continental Tyres Ltd, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone)
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus and Delta v Culverwell; Specialeyes Plc v Felgate; Futures London v Stratford; Gardiner & Theobald LLP v David Jackson
- Hearing
- 31 March 2025
Similar decisions
- UNIT 7, IO CENTRE, VALLEY DRIVE, CV21 1TW — Dismissed, 23 Sept 2025
- Units 1 & 2 Hillman Way, CV8 3ED — Dismissed, 21 Jun 2024
- 52 Somers Road, CV22 7DH — Dismissed, 8 Sept 2021
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