Tribunals · London Borough of Hillingdon · 2017 rating list

Unit 7, Horton Industrial Park, UB7 8JD

Warehouse and premises Decided 18 December 2024 CHG101095376 Colliers International - Rating

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

Original RV£243,000£90/m²

Ratepayer sought£189,000

VO conceded first£231,000−5% before the hearing

Tribunal decided£219,000£85/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 challenged the RV of £243,000, arguing for an adopted rate of £72.50 per m² which would result in £189,000. The tribunal examined comparable evidence from nearby units at Horton Industrial Park, Zodiac Business Park, and 520 Stone Close. While accepting that 520 Stone Close at £72.50 per m² was at the lower end of the evidence range, the tribunal determined that a rate of £85 per m² was more reasonable based on the basket of comparable settlements, reducing the RV to £219,000.

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