Tribunals · London Borough of Islington · 2017 rating list

2ND & 3RD FLRS 15 BONHILL STREET, EC2A 4DN

Offices and premises Decided 8 September 2025 CHG101142509 Savills UK Limited

OutcomeAllowedThe tribunal reduced the rateable value.
Original RV—
Ratepayer sought—
VO conceded first—
Tribunal decided£1,110,000£440/m²

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

The appeal concerned the correct price per m2 and level of temporary allowance for office premises. The parties reached agreement which was ratified by the tribunal, establishing a rateable value of £1,110,000 based on £440 per m2 with a 13.5% temporary disadvantage adjustment, effective from 26 April 2019.

Summary generated from the decision text and checked against it. The appellant was Nexmo Ltd, represented.

Grounds argued

  • Comparable assessments (tone)
  • Quantum or end allowance
Hearing
4 September 2025

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The tribunal’s decision in full

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