Tribunals · Lancaster City Council · 2017 rating list

M&S, 30-38 Penny Street, LA1 1UA

Shop and premises Decided 17 February 2026 CHG101113562 GL Hearn Limited - Star 2017

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

Original RV£320,000£96.5/m²

Ratepayer sought£250,000

VO conceded first—

Tribunal decided£275,000£83/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 (M&S) challenged the rateable value of £320,000 (£96.50/m²), proposing £250,000 (£80/m²), arguing the subject property was disadvantaged by its hybrid construction, disjointed layout, and age-related issues compared to modern comparable properties. The tribunal found the original valuation excessive and that comparable properties (Boots at £95/m², TK Maxx at £82.50/m², and Primark at £75/m²) supported a lower rate, but rejected the appellant's proposed figure as too low. The tribunal determined a reasonable rate of £83/m² (£275,000 RV), reflecting the property's superior location balanced against its physical disabilities.

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