Rm Lg.01, At Lwr Grd Flr, 181 Queen Victoria Street, EC4V 4EG
Offices and premises Decided 28 February 2025 CHG101120473 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 RVs of serviced offices at 181 Queen Victoria Street, which were assessed at an unadjusted base rate of £450 psm, proposing £350 psm instead. The tribunal found the VO's base rate unreasonable after considering rental evidence from comparable properties (Upper Thames Street, Queen Victoria Street properties) and settlement evidence, noting that the subject property (originally built 1890, refurbished 2017) was less modern than some comparables. The tribunal adopted a base rate of £425 psm, reducing the RVs for all 47 hereditaments.
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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