Suite 2508 Level 25 The Shard 31, St Thomas Street, SE1 9RY
Serviced office suites Decided 1 April 2025 CHG101087995 Avison Young (UK) Ltd
Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 50 properties; the figures shown are for the first listed.
What was argued and what the tribunal found
The appellant sought a 5% reduction for material change of circumstances due to demolition and reconstruction of Fielden House (1 April 2017 to 31 January 2022). The tribunal accepted the 5% allowance for 48 suites based on the impact of the works, finding the base rental evidence supported a price of £550/m² and rejecting the appellant's challenges to tower uplifts and rent analysis approaches. Two suites (2511 and 2512) that already had the allowance were dismissed.
Summary generated from the decision text and checked against it. The appellant was The Office Group Holdings Ltd, represented.
Grounds argued
- Rental evidence · decisive
- Comparable assessments (tone)
- Change of circumstances
- Change of circumstances
- demolition and reconstruction
- Evidence
- Rents, Expert report
- Cases cited
- Lotus & Delta v Culverwell (VO) and Leicester City Council; Bunyan (VO) v Acenden Limited; Specialeyes Plc v Felgate (VO)
- Hearing
- 5 March 2025
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