Bear Hotel, High Street, TN19 7ET

What was argued and what the tribunal found

The appellant contended that the rateable value of £42,600 was excessive and sought a reduction to £28,000, arguing that the valuation methodology did not properly account for overtrading and that comparable properties demonstrated the assessment was an outlier. The tribunal found that the trading figures supplied by the business owner (£245,000 wet, £205,000 dry, £120,000 accommodation) were not unreasonable and that without comparable trading data the allegation of overtrading could not be substantiated. The tribunal was satisfied the RV of £42,600 was reasonable when considering the property's excellent location, physical characteristics and passing rent of £52,000.

Summary generated from the decision text and checked against it. The appellant was Wexford Inns Limited, represented.

Grounds argued

• Trading receipts (pubs, hotels)
• Valuation method
• Comparable assessments (tone)

Evidence

Trading accounts, Settled assessments

Cases cited

Dennett v Crisp; Brunning & Price Ltd v Wynn-Cowell; Jack in the Green v Buckley; Wishart v Hulse; Lotus and Delta v Culverwell

Hearing

3 July 2024