Tribunals · Mansfield District Council · 2023 rating list

UNIT 3 QUEENS COURT FLETCHERS WAY, FLETCHERS WAY, FOREST TOWN, FOREST TOWN, NG19 0FN

Workshop and premises Decided 27 January 2025 CHG101102385 Altus Group - Oakland - Manchester

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

Original RV£44,750£47.26/m²

Ratepayer sought£40,750

VO conceded first£44,500−1% before the hearing

Tribunal decided£44,500£48/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 sought a reduction to £40,750 (£44 per m²) based on the passing rent from May 2020 analysed at £44.10 per m². The Valuation Officer had reduced the RV to £44,500 (£48 per m²) due to removal of a mezzanine floor. The tribunal, considering rental evidence from neighbouring properties (Unit 2 Queens Court and Unit 4A Hamilton Way) which analysed to between £55.45-£63.58 per m², found that £48 per m² was not unreasonable and confirmed the Valuation Officer's revised valuation of £44,500 with effect from 1 April 2023, allowing the appeal in part due to the change in agreed floor areas.

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