Unit 7 Greenoaks, WA8 6UA
Shop and premises Decided 5 September 2024 CHG101110859 Montagu Evans - Richard Wackett
Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 2 properties; the figures shown are for the first listed.
What was argued and what the tribunal found
The appellant argued that larger units in the shopping centre should have a reduced Zone A rate of £300 per m2, citing the poor market for large retail spaces post-Covid and the superior negotiating power of larger tenants. The tribunal found that whilst rental evidence from the subject properties had limited weight (turnover rents and anchor tenant arrangements), comparable evidence from other larger units in the centre demonstrated lower effective rents, and reduced the base rate to £325 per m2 to reflect the market conditions for larger units at the material day.
Summary generated from the decision text and checked against it. The appellant was an individual ratepayer, represented.
Grounds argued
- Comparable assessments (tone) · decisive
- Rental evidence
- Valuation method
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus & Delta Ltd v Culverwell; O'Brien v Harwood
- Hearing
- 5 August 2024
Similar decisions
- UNITS 10-12 GREENOAKS WAY, WA8 6UA — Allowed in part, 5 Sept 2024
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