Tribunals · Borough Council of Kings Lynn and West Norfolk · 2017 rating list

King's Lynn Mercedes Benz, Beveridge Way, PE30 4NB

Car showroom and premises Decided 23 August 2024 CHG101099724 Knight Frank - Joanne Corney

OutcomeAllowedThe tribunal reduced the rateable value.
Original RV£105,000£125/m²
Ratepayer sought£74,500
VO conceded first£83,500−20% before the hearing
Tribunal decided£74,500£80/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 argued the subject hereditament, a purpose-built car showroom located on an industrial estate, warranted a reduced tone of value for main space of £80 per m² due to its poor location compared to comparable showrooms located in prime retail parks with high visibility and passing trade. The VO initially valued it at £125 per m² then reduced to £100 per m², and later proposed £90 per m². The tribunal found the location significantly less desirable than comparables on nearby retail parks (Scania Way and Campbell's Meadow), which lacked visibility from main roads and footfall, and allowed the appeal determining a tone of £80 per m² was fair and reasonable, resulting in an RV of £74,500 from 1 April 2017.

Summary generated from the decision text and checked against it. The appellant was Group1 Automotive Ltd, represented.

Grounds argued

  • Comparable assessments (tone)
  • Rental evidence
Evidence
Settled assessments, Expert report
Cases cited
Audi Unit D, Maidenflower Business Park, Crawley
Hearing
14 August 2024

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