Tribunals · Reading Borough Council · 2017 rating list

The Nags Head, 5 Russell Street, RG1 7XD

Public house and premises Decided 23 October 2024 CHG101098723 Chris Wright

OutcomeDismissedThe appeal failed, leaving the value at the figure the Valuation Officer had already conceded.
Original RV£54,500
Ratepayer sought£20,500
VO conceded first£38,250−30% before the hearing
Tribunal decided£38,250

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 sought to reduce the RV from £54,500 to £20,500 by averaging comparable pubs and arguing overtrading by the business operator rather than property value. The tribunal found the Valuation Officer's revised valuation of £38,250 reasonable, accepting the FMT methodology using comparable properties and finding the appellant's £188,000 FMT proposal inconsistent with actual expenditure of over £240,000, demonstrating the business was solvent and overtrading.

Summary generated from the decision text and checked against it. The appellant was an individual ratepayer, represented.

Grounds argued

  • Rental evidence
  • Comparable assessments (tone)
  • Trading receipts (pubs, hotels)
  • Valuation method
Evidence
Trading accounts, Settled assessments, Expert report
Cases cited
Gardiner & Theobold LLP v Jackson
Hearing
4 October 2024

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The tribunal’s decision in full

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