Tribunals · Leicester City Council · 2017 rating list

20 HUMBERSTONE GATE, LE1 3PH

Shop and premises Decided 8 June 2026 CHG101094030 GL Hearn Limited

OutcomeAllowed in partThe tribunal reduced the rateable value, but by less than the ratepayer sought.

Original RV£400,000£160/m²

Ratepayer sought£262,500

VO conceded first£382,500−4% before the hearing

Tribunal decided£310,000£130/m²

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 Matalan Retail Limited challenged the £400,000 RV (£160/m²), arguing for £110/m² based on the WH Smith comparable at Gallowtree Gate and a wider schedule of Leicester city centre shops showing lower values. The Respondent's Valuation Officer relied on Primark as the primary comparable at £130/m² with upward adjustments. The Tribunal found that while Primark provided a useful starting point due to proximity, the subject property was materially inferior in size (2,406m²), layout, and retail quality, with a narrow ground floor and storage-only second floor. The Tribunal also noted the passing rent of £195,000 from July 2019 did not support the higher figure. Adopting £130/m² as a fair balance reflecting the property's characteristics and location, the Tribunal allowed the appeal in part, reducing the RV to £310,000.

Summary generated from the decision text and checked against it. The appellant was Matalan Retail Limited, represented.