Tribunals · City of London Corporation · 2017 rating list

BST 80, COLEMAN STREET, Beaumont Business Centre, EC2R 5BJ

Offices and premises Decided 29 July 2025 CHG101100127 Avison Young (UK) Ltd

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

Original RV£28,750£395/m²

Ratepayer sought£27,000

VO conceded first—

Tribunal decided£27,000£380/m²

Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 146 properties; the figures shown are for the first listed.

What was argued and what the tribunal found

The appellant appealed 146 serviced office assessments in the 2017 rating list on grounds including material change of circumstances from building works and tone of list comparables. The parties reached agreement prior to the hearing to reduce the main rate from £395/m² to £380/m², with a 4% allowance for MCC disturbance effective 1 April 2017 and an additional 4% allowance (8% total) for MCC disturbance effective 14 August 2017 to 15 October 2020. The tribunal ratified these agreed valuations.

Summary generated from the decision text and checked against it. The appellant was Beaumont Business Centres Ltd, represented.