Rms 3.08-3.11, At 3rd Flr, 181 Queen Victoria Street, EC4V 4EG
Office and premises Decided 28 February 2025 CHG101122041 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 office hereditaments at 181 Queen Victoria Street on the basis that the unadjusted base rate of £450 psm was unreasonable and proposed £350 psm. The tribunal found the current assessments unreasonable, considering comparable rental evidence from nearby properties (particularly 85 and 128 Queen Victoria Street) and settlement evidence, and determined that the appropriate unadjusted base rate should be reduced to £425 psm, resulting in revised valuations for all 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, Photographs
- Cases cited
- Lotus and Delta v Culverwell; Gardiner & Theobald LLP v David Jackson
- Hearing
- 31 January 2025
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