Gnd Flr Meeting Room, 04 At, 181 Queen Victoria Street, EC4V 4EG
Offices and premises Decided 28 February 2025 CHG101120584 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 RVs in the 2017 rating list for 47 serviced office units at 181 Queen Victoria Street, seeking a reduction from £450 psm to £350 psm. The tribunal found that the original unadjusted base rate of £450 psm was unreasonable by comparing rental evidence from neighbouring comparable properties, particularly 85 and 128 Queen Victoria Street. The tribunal determined that £425 psm was the appropriate base rate, allowing the appeal in part and reducing the RVs accordingly across all subject properties.
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, Expert report
- Cases cited
- Lotus and Delta v Culverwell; Gardiner & Theobald LLP v David Jackson
- Hearing
- 31 January 2025
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