Room 4.01, At 4th Floor, 181 Queen Victoria Street, EC4V 4EG
Offices and premises Decided 28 February 2025 CHG101122045 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 at £450 psm unadjusted base rate, proposing £350 psm based on comparable rental evidence. The tribunal found the original assessment unreasonable and determined that comparable properties at 85 and 128 Queen Victoria Street, which were similarly located and refurbished buildings, supported a lower base rate. Although a 2014-built comparable (71 Queen Victoria Street) was rated at £450 psm, it was superior in quality and character to the subject property which retained original 1890s features including low ceilings. The tribunal adopted £425 psm as the appropriate base rate for all 47 offices in the building, partially allowing the appeal and reducing assessed values accordingly.
Summary generated from the decision text and checked against it. The appellant was Beaumont Business Centres Limited, represented.
Grounds argued
- Comparable assessments (tone) · decisive
- Rental evidence
- 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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