Tribunals · City of London Corporation · 2017 rating list

8th-9th Flrs 2, London Wall Place, EC2Y 5AU

Office and premises Decided 29 May 2025 CHG101120334 CBRE - David Shuttleworth

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

Original RV—£575/m²

Ratepayer sought—

VO conceded first—

Tribunal decided£615,000£550/m²

Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 9 properties; the figures shown are for the first listed.

What was argued and what the tribunal found

Multiple appellants challenged the Valuation Officer's assessment of £575 per m² (including £25 for fit-out), with most seeking £515 per m². The parties reached agreement at the hearing at £550 per m² with 1% and 2% additions for the 15th and 16th floors respectively for view. The Tribunal ratified this agreed rate as reasonable.

Summary generated from the decision text and checked against it. The appellant was KETE KOKOLADZE & OTHERS, represented.