Tribunals · City of London Corporation · 2017 rating list

Rm 3.07, At 3rd Flr, 181 Queen Victoria Street, EC4V 4EG

Office and premises Decided 28 February 2025 CHG101120537 Avison Young (UK) Ltd

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

Original RV—£450/m²

Ratepayer sought—

VO conceded first—

Tribunal decided—£425/m²

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 offices at 181 Queen Victoria Street, proposing an unadjusted base rate of £350 psm against the listed rate of £450 psm. The Tribunal found the original assessments unreasonable based on rental evidence from comparable properties (particularly 85 and 128 Queen Victoria Street) and settlement evidence showing lower values, and determined that the rate should be reduced to £425 psm, allowing the appeal in part.

Summary generated from the decision text and checked against it. The appellant was Beaumont Business Centres Limited, represented.