Rm Lg.03, At Lwr Grd Flr, 181 Queen Victoria Street, EC4V 4EG
Offices and premises Decided 28 February 2025 CHG101120463 Avison Young (UK) Ltd
Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 47 properties; the figures shown are for the first listed.
What was argued and what the tribunal found
The appellant challenged the 2017 rating list entries for 47 serviced office suites at 181 Queen Victoria Street, London, seeking a reduced unadjusted base rate of £350 psm instead of the listed £450 psm. The tribunal found the current assessments unreasonable and accepted the appellant's comparable evidence, particularly rents from nearby comparable properties and settlement evidence from Upper Thames Street and Queenhithe. The tribunal preferred the appellant's analysis of rental evidence, noting the subject property (originally built 1890, refurbished 2017) was less modern than some comparables like 71 Queen Victoria Street (built 2014), and determined a revised base rate of £425 psm was appropriate.
Summary generated from the decision text and checked against it. The appellant was Beaumont Business Centres Limited, represented.
Grounds argued
- Comparable assessments (tone) · decisive
- Evidence
- Rents, Settled assessments, Photographs
- Cases cited
- Lotus and Delta v Culverwell; Gardiner & Theobald LLP v David Jackson
- Hearing
- 31 January 2025
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