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Tribunals · Reading Borough Council · 2023 rating list

PT 13TH FLR, THE BLADE, ABBEY STREET, RG1 3BA

Offices and premises Decided 4 December 2025 CHG101129418 Ryan

OutcomeDismissedThe appeal failed and the rateable value was left unchanged.
Original RV · 2023 list£133,000
Ratepayer sought£112,000
VO conceded first—
Tribunal decided£133,000from 1 Apr 2023

Figures are as stated in the decision, and are values in the 2023 list; a dash means the document does not state that figure. This judgement decided 2 properties together; the figures above are for this appeal's property (PT 13TH FLR, THE BLADE, ABBEY STREET, READING, RG1 3BA). Every property is listed below.

The 2 properties in this decision

One judgement covered all of these appeals. Each property’s figures as the judgement states them (2023 list); this appeal’s property is highlighted.

The properties covered by this tribunal decision, with the figures it states for each
PropertyOriginal RVSoughtTribunal decidedOutcome
1ST FLR SOUTH AQUIS HOUSE, BLAGRAVE STREET, READING, RG1 1PW£131,000£111,000£131,000Dismissed
PT 13TH FLR, THE BLADE, ABBEY STREET, READING, RG1 3BAThis appeal£133,000£112,000£133,000Dismissed

What was argued and what the tribunal found

The appellant challenged the £325/m² unadjusted base rate applied to two grade A office properties in Reading, proposing reduction to £275/m² based on three comparable lettings in the same building with analysed rents averaging £271.09/m². The tribunal found the appellant had not discharged the burden of proof, as the comparable properties lacked sufficient evidence to establish they were genuinely let in Category B condition rather than 'second-hand' fit-outs, and without documented fit-out costs or compelling evidence of the letting specifications, the tribunal could not accept the rental analysis as reliable support for the proposed reduction. The existing assessments at RV £131,000 and £133,000 were upheld as neither unreasonable nor excessive.

Summary generated from the decision text and checked against it. The appellant was Ryan Property Tax Services UK Limited, represented.

Grounds argued

  • Comparable assessments (tone)
  • Valuation method
Evidence
Rents, Settled assessments
Cases cited
Lotus and Delta v Culverwell; Dawn Bunyan v Acenden Limited; Hitchings v Shoosmiths LLP and Mando Group Ltd; Gardiner & Theobald LLP v David Jackson
Hearing
5 November 2025

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The tribunal’s decision in full

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Decision © Crown copyright, published by the Valuation Tribunal Service under the Open Government Licence v3.0 and reproduced unaltered. This site does not index the names of private individuals that appear in decisions. Information, not advice.