Gnd Flr Meeting, Rm 01, 181 Queen Victoria Street, EC4V 4EG
Offices and premises Decided 28 February 2025 CHG101120562 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 valuation of 47 serviced offices at 181 Queen Victoria Street, arguing the unadjusted base rate of £450 psm was unreasonable and proposing £350 psm. The tribunal found that while 71 Queen Victoria Street (2014 build, rated at £450 psm) provided rental evidence, it was more modern and superior to the subject property (1890 build, refurbished 2017). Relying on rental evidence from 85 and 128 Queen Victoria Street (1991 and 1997 builds respectively) and settlement evidence, the tribunal determined the base 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.
Grounds argued
- Comparable assessments (tone) · decisive
- Rental evidence
- 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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