Tribunals · Birmingham City Council · 2017 rating list

145-146, New Street, B2 4NS

Shop and premises Decided 6 September 2024 CHG101114257 Avison Young (UK) Ltd

OutcomeDismissedThe appeal failed, leaving the value at the figure the Valuation Officer had already conceded.

Original RV£417,500

Ratepayer sought—

VO conceded first£375,000−10% before the hearing

Tribunal decided£375,000from 21 Feb 2022

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 a 35% end allowance for material change of circumstances due to recladding works and scaffolding at Attwood House affecting visibility and trading. The Valuation Officer had conceded a 10% allowance. The tribunal upheld the 10% allowance, finding that whilst the landlord reasonably granted rental concessions (40% and 30%) to maintain the landlord-tenant relationship and due to COVID-19 market pressures, a hypothetical new tenant would not command such favourable terms. Comparable assessments in the locality showed allowances of 5-20%, with the tribunal finding the works at the subject property less severe than comparables and the 10% allowance reasonable.

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