Sir Nigel Gresley, Sir Nigel Gresley, DE11 9DA
Public house and premises Decided 16 May 2025 CHG101084244 BNP Real Estate - Matthew Dolben
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 challenged the £57,500 RV as excessive, proposing £30,000 based on a 66% discount to wet trade. The VO conceded the valuation was excessive and reduced it to £43,500 during the challenge stage. The tribunal upheld this figure, finding that the VO's 45% wet trade discount was already towards the upper limit permitted by the Approved Guide for market town locations, and the appellant's evidence did not support a larger reduction despite the company's superior trading performance.
Summary generated from the decision text and checked against it. The appellant was J D Wetherspoon, represented.
Grounds argued
- Valuation method
- Evidence
- Rents, Settled assessments, Photographs
- Cases cited
- Watney Mann Ltd v Langley
- Hearing
- 29 April 2025
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