3 Deanery Street, W1K 1AX
Offices and premises Decided 3 June 2025 CHG101103769 Colliers International - Oliver Dowty
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What was argued and what the tribunal found
The appellant challenged the RV of £94,000 for a period office building in Mayfair, initially proposing £80,500 then reducing it to £55,000 based on comparable rental evidence from the neighbouring property at 4-6 Deanery Street. The tribunal found the comparable rental evidence unreliable due to incomplete workings and a discrepancy in the lease area, and considered 4-6 Deanery Street less comparable as it was mixed-use without a lift. The tribunal upheld the VO's reduced assessment of £89,000 (£500 psm), finding it reasonable given the subject property's superior characteristics and position within the range of comparable period properties in the locality (£491-£563 psm).
Summary generated from the decision text and checked against it. The appellant was J C BAMFORD EXCAVATORS LTD, represented.
Grounds argued
- Rental evidence · decisive
- Comparable assessments (tone)
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus and Delta v Culverwell
- Hearing
- 7 May 2025
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