1ST FLOOR CHELSEA HOUSE, 26, MARKET SQUARE, BR1 1NA
Office and premises Decided 18 July 2025 CHG101110597 Ryan Property Tax Services UK Limited/Altus Group - Oakland - Manchester
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 £60,000 to £51,000, arguing for a price per m² of £135.92 based on the subject property's rental evidence from September 2021, close to the antecedent valuation date, with a 30% allowance for quantum reflecting market conditions. The tribunal found the subject property's rent (£135.92/m²) more compelling than comparable rental evidence from a smaller floor rented nearly a year after the AVD, and settlements on smaller properties could not justify the same rate applied to the larger subject property. The tribunal allowed the appeal and confirmed RV £51,000 with effect from 1 April 2023.
Summary generated from the decision text and checked against it. The appellant was R.T.L Group Ltd, represented.
Grounds argued
- Comparable assessments (tone)
- Quantum or end allowance
- Evidence
- Rents, Settled assessments
- Cases cited
- John Laing and Son Ltd v Kingswood A.C., Thornbury RDC and Gloucestershire CVC 1948; Gardiner & Theobald LLP v David Jackson (VO) [2018] UKUT 0253 (LC)
- Hearing
- 29 May 2025
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