Normanby Wharf, Dockside Road, TS3 8AT
Storage land used as scrap yard with three large warehouses and portacabin style offices Decided 5 November 2024 CHG101117434 Bell & Bell
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 rough surfaced, fenced storage land should be valued at £1.20/m² based on comparable properties in the same rating scheme, rather than the VO's reduced rate of £2.00/m². The tribunal found that while the appellant's comparables supported a lower rate, the appeal property's location was not as good as Sarens (valued at £3.18/m²) and applied a rate of £1.67/m² after accounting for the quality of the land shown in photographs and a 17% quantum reduction, resulting in an RV of £126,000 instead of the appellant's proposed £107,000 or the VO's £140,000.
Summary generated from the decision text and checked against it. The appellant was C L Prosser & Co. Ltd, represented.
Grounds argued
- Comparable assessments (tone) · decisive
- Rental evidence
- Evidence
- Settled assessments, Photographs, Earlier tribunal decisions
- Cases cited
- Lotus and Delta v Culverwell
- Hearing
- 5 November 2024
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