2nd Flr Room 2.05, 181 Queen Victoria Street, EC4V 4EG
Office and Premises Decided 28 February 2025 CHG101122032 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 contended that the RV's in the 2017 rating list at an unadjusted base rate of £450 psm were wrong and proposed £350 psm. The tribunal found the current assessments unreasonable and determined that comparable rental evidence from 85 and 128 Queen Victoria Street, combined with settlement evidence, supported a reduction to £425 psm. The tribunal noted that 71 Queen Victoria Street, whilst close to the antecedent valuation date, was a superior 2014-built property not directly comparable to the subject 1890-built building.
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 & Theobald LLP v David Jackson
- Hearing
- 31 January 2025
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