41 CITY ARCADE, CV1 3HX
Shop and premises Decided 23 June 2025 CHG101131270 GL Hearn Limited
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
Argos Limited appealed the 2017 rating list valuation of £189,000 at City Arcade, Coventry, seeking reduction to £80,500 (£32/m2) on grounds of defective valuation method. The Valuation Officer had conceded to £176,000 (£70/m2) at the check/challenge stage. The tribunal found comparable evidence from other large retail stores in Coventry's Lower Precinct (valued at £100-110/m2) supported the £70/m2 tone as reasonable given the subject property's inferior location within a declining shopping centre, despite the appellant's reliance on a single Burton-on-Trent store. The appeal was dismissed as the appellant failed to provide sufficient evidence warranting reduction beyond the conceded figure.
Summary generated from the decision text and checked against it. The appellant was Argos Limited, represented.
Grounds argued
- Valuation method
- Comparable assessments (tone) · decisive
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus and Delta v Culverwell
- Hearing
- 5 June 2025
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