Tribunals · London Borough of Hackney · 2017 rating list

4th Flr 9, Appold Street, EC2A 2AA

Offices and Premises Decided 5 November 2025 CHG101111449 Knight Frank - Rating

OutcomeAllowedThe tribunal reduced the rateable value.

Original RV£1,140,000£440/m²

Ratepayer sought£1,010,000

VO conceded first£1,110,000−3% before the hearing

Tribunal decided£1,010,000£390/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 (ICS Medical Ltd), represented by Knight Frank LLP, challenged the rateable value of fourth floor office premises, arguing that refurbishment works in 2020 were merely a refresh of existing features and did not justify an increase from £390 to £440 per m². The tribunal found that the refurbishment created a refreshed Cat A blank canvas for fitting out, and was standard practice between tenants, not representing an enhancement to basic specification. It gave most weight to comparable rent evidence from 3rd Floor North in the same building (£382.22 per m²) and other Cat B lettings (averaging £393.50 per m²), determining that a tone of £390 per m² was reasonable, resulting in an RV of £1,010,000.

Summary generated from the decision text and checked against it. The appellant was ICS Medical Ltd, represented.