Rm 3.06, At 3rd Flr, 181 Queen Victoria Street, EC4V 4EG
Office and Premises Decided 28 February 2025 CHG101120598 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 entries for 47 serviced office hereditaments at 181 Queen Victoria Street, London, proposing an unadjusted base rate of £350 psm (original rate £450 psm). The tribunal found the original rate of £450 psm unreasonable after reviewing rental evidence from comparable properties (particularly 85 and 128 Queen Victoria Street), settlement evidence, and physical inspection findings. The tribunal determined that an unadjusted base rate of £425 psm was appropriate, reducing all subject properties accordingly. The appeal was allowed in part as most properties were reduced from £450 psm to £425 psm, rather than to the £350 psm proposed by the appellant.
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
- Cases cited
- Lotus and Delta v Culverwell; Gardiner and Theobald LLP v David Jackson
- Hearing
- 31 January 2025
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