Tribunals · City of Westminster · 2017 rating list

M&S Simply Food, Waterside House, W2 1NW

Office and premises Decided 13 August 2025 CHG101110792 GL Hearn Limited

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

Original RV£10,230,000

Ratepayer sought£8,330,000

VO conceded first£9,010,000−12% before the hearing

Tribunal decided£8,740,000£440/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 contended that nearby building works opposite the subject property warranted a 7.5% temporary allowance for the period 1 April 2017 to 29 June 2020, reducing the RV from £10,230,000. The Valuation Officer had conceded the works justified a reduction but awarded no allowance. The tribunal found that whilst major demolition and piling works had been substantially completed by the material date, the remaining works and their duration would have impacted a hypothetical tenant's rental bid. However, the tribunal determined a 3% allowance was more appropriate than the 7.5% sought, resulting in a tribunal RV of £8,740,000.

Summary generated from the decision text and checked against it. The appellant was Marks & Spencer PLC, represented.