UNIT G3, STEEL PARK ROAD, B62 8HD
Warehouse and premises Decided 24 April 2025 CHG101090190 Ryan Property Tax Services UK Limited/Altus Group - Oakland - Manchester
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 RV of £54,000 (at £46/m²) for a warehouse at Steel Park Road. The tribunal considered rental evidence from comparable properties, particularly Unit 12 Hereward Rise (£75,000 rent at £48.05/m²) and settled assessments at Unit 12 Acorn Park, 130 Stourbridge Road, and Unit 2 Brook Park (all at £36/m²). The tribunal found that while the comparable properties supported some reduction, the appellant's proposed rate of £36/m² was excessive. The tribunal reduced the rate to £40/m² with appropriate relativities, resulting in an RV of £47,250.
Summary generated from the decision text and checked against it. The appellant was Trans Global Freight Management Limited, represented.
Grounds argued
- Comparable assessments (tone) · decisive
- Rental evidence
- Evidence
- Rents, Settled assessments, Earlier tribunal decisions
- Cases cited
- Lotus and Delta v Culverwell; Gardiner & Theobald LLP v David Jackson
- Hearing
- 26 March 2025
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