Tribunals · City of London Corporation · 2017 rating list

RMS 4.05 & 4.06 4TH FLR 80, COLEMAN STREET, EC2R 5BJ

Offices and premises; serviced offices Decided 29 July 2025 CHG101083790 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 assessments across 146 units in the subject building, arguing for reductions in the main tone rate from £395/m² to £380/m² and allowances for material change in circumstances caused by adjacent building works (disturbance from 1 April 2017 onwards, with additional impact from 14 August 2017 to 15 October 2020). The parties agreed the valuations in principle before hearing but could not calculate all revised figures. The Tribunal ratified the agreed valuations submitted by the appellant, accepting a 4% allowance for building works disturbance from 1 April 2017 and an additional 4% (total 8%) for the period 14 August 2017 to 15 October 2020, applied to the agreed compiled list tone of £380/m².

Summary generated from the decision text and checked against it. The appellant was BEAUMONT BUSINESS CENTRES LTD, represented.