Tribunals · City of London Corporation · 2017 rating list

RM G.10 GND FLR 80, COLEMAN STREET, EC2R 5BJ

Offices and premises Decided 29 July 2025 CHG101083778 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 serviced office assessments in the same building. The parties extensively discussed the appeals and agreed revised valuations prior to the hearing. The tribunal ratified the agreed values, which applied a reduction in the base rate from £395 to £380 per m² and allowances of 4% for building works disturbance from 1 April 2017, and an additional 4% (total 8%) for further disturbance from 14 August 2017 to 14 October 2020, with values reverting to the agreed compiled list value thereafter.

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