2nd Flr Room 2.01, 181 Queen Victoria Street, EC4V 4EG
Offices and premises Decided 28 February 2025 CHG101120574 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 rateable values of 47 serviced offices at 181 Queen Victoria Street, London, proposing an unadjusted base rate of £350 psm versus the list rate of £450 psm. The tribunal found that the original assessments at £450 psm were unreasonable when compared against comparable rental and settlement evidence, particularly from properties at 85 and 128 Queen Victoria Street which had similar characteristics and more recent refurbishment dates. The tribunal reduced the unadjusted base rate 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
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus and Delta v Culverwell; Gardiner & Theobald LLP v David Jackson
- Hearing
- 31 January 2025
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