Rm 1.02, At 1st Flr, 181 Queen Victoria Street, EC4V 4EG
Offices and premises Decided 28 February 2025 CHG101120586 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 47 offices at 181 Queen Victoria Street, London, arguing the rateable values based on an unadjusted base rate of £450 psm were unreasonable and should be reduced to £350 psm. The Tribunal found the original assessment at £450 psm unreasonable by examining comparable rental evidence from nearby properties and assessments, particularly 85 and 128 Queen Victoria Street which were more comparable in character and quality. The Tribunal allowed the appeal in part and determined revised values at an unadjusted base rate of £425 psm.
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, Expert report
- Cases cited
- Lotus and Delta v Culverwell; Gardiner & Theobald LLP v David Jackson
- Hearing
- 31 January 2025
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