2nd Flr Room 2.07, 181 Queen Victoria Street, EC4V 4EG
Office and premises Decided 28 February 2025 CHG101122064 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 versus the listed rate of £450 psm. The tribunal found that while the building had been refurbished in 2017, it was structurally different from the more modern comparable at 71 Queen Victoria Street (built 2014). Having reviewed rental evidence from comparable properties and settlement evidence, the tribunal determined that the original assessments were unreasonable and reduced the base rate to £425 psm based on comparable properties at 85 and 128 Queen Victoria Street which were more similar in character and location.
Summary generated from the decision text and checked against it. The appellant was Beaumont Business Centres Limited, represented.
Grounds argued
- Comparable assessments (tone)
- 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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