Tribunals · North East Lincolnshire Council · 2017 rating list

86 - 88 Victoria Street, DN31 1BG

Bank and premises Decided 11 March 2026 CHG101124878 Colliers International - Mick ODonoghue

OutcomeDismissedThe appeal failed and the rateable value was left unchanged.

Original RV£48,500

Ratepayer sought£21,750

VO conceded first—

Tribunal decided£48,500£350/m²

Figures are as stated in the decision; a dash means the document does not state that figure.

What was argued and what the tribunal found

The appellant argued that the hereditament should be split into two properties reflecting the separate ownership of the two parts (86-87 Victoria Street and 88 Victoria Street), particularly as the property became vacant in April 2019 and the appellant only owned one part. The tribunal dismissed the appeal, finding that the property had been continuously occupied and operated as a single banking unit for over 30 years, was marketed as a whole property, and lacked the physical division necessary to constitute separate hereditaments. The tribunal concluded that the appropriate legal route would have been a split proposal under regulation 4(1)(l) rather than a material change of circumstances claim, but rejected the underlying factual premise that the property constituted two separate rateable hereditaments.", <parameter name="represented">true

Summary generated from the decision text and checked against it. The appellant was Storey Group.