Tribunals · City of London Corporation · 2017 rating list

RM G.09 GND FLR 80, COLEMAN STREET, EC2R 5BJ

Offices and premises Decided 29 July 2025 CHG101083781 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, through Avison Young, challenged 146 serviced office assessments at 80 Coleman Street, arguing for a reduced tone of value and allowances for building works disruption. The parties extensively negotiated and reached comprehensive agreements: reducing the main rate from £395/m² to £380/m², applying 4% allowance for MCC disturbance at 1 April 2017, and 8% allowance (additional 4%) for disturbance from 14 August 2017 to 15 October 2020. The tribunal ratified all agreed values in the spreadsheet submitted by the appellant.

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