Tribunals · City of London Corporation · 2017 rating list

25 Moorgate, EC2R 6BT

Office and premises Decided 9 February 2026 CHG101138359 CBRE

OutcomeAllowed in partThe tribunal reduced the rateable value, but by less than the ratepayer sought.

Original RV · 2017 list£3,060,000

Ratepayer sought£2,600,000

VO conceded first£2,910,000−5% before the hearing

Tribunal decided£2,750,000from 8 Nov 2021

Figures are as stated in the decision, and are values in the 2017 list; a dash means the document does not state that figure.

What was argued and what the tribunal found

The appellant sought a 15% allowance for disturbance caused by major demolition and redevelopment works at adjacent properties that started in November 2021, with significant impact on all sides of the appeal property through noise, dust, vibrations, and visual impact. The tribunal found the VO's 5% allowance was insufficient but rejected the 15% claim, holding that while the appeal property suffered greater impact than comparable properties at 41 Moorgate (which received 7.5%), the evidence did not support the full 15% sought. The tribunal concluded a 10% allowance was appropriate, resulting in a revised RV of £2,750,000.

Summary generated from the decision text and checked against it. The appellant was Tilney Smith and Williamson, represented.