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 Property Tax Services UK Limited

OutcomeDismissedThe appeal failed and the rateable value was left unchanged.
Original RV£131,000£325/m²
Ratepayer sought£111,000
VO conceded first—
Tribunal decided£131,000£325/m²

Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 2 properties; the figures shown are for the first listed.

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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