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Tribunals · Reading Borough Council · 2023 rating list

1 ST FLR SOUTH AQUIS HOUSE, BLAGRAVE STREET, RG1 1PW

Offices and premises Decided 4 December 2025 CHG101142694 Ryan

OutcomeDismissedThe appeal failed and the rateable value was left unchanged.
Original RV · 2023 list£131,000
Ratepayer sought£111,000
VO conceded first—
Tribunal decided£131,000from 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 (1ST FLR SOUTH AQUIS HOUSE, BLAGRAVE STREET, READING, RG1 1PW). 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 1PWThis appeal£131,000£111,000£131,000Dismissed
PT 13TH FLR, THE BLADE, ABBEY STREET, READING, RG1 3BA£133,000£112,000£133,000Dismissed

What was argued and what the tribunal found

The appellant challenged the rateable values of two Grade A office properties, arguing that the unadjusted base rate of £325/m² should be reduced to £275/m² based on comparable lettings of properties in Category B condition with rents averaging £271.09/m². The tribunal found that the appellant had not provided sufficient evidence to demonstrate that the comparable properties were genuinely let in Category B condition or to establish the cost of fit-outs required under the Acenden framework, and therefore the burden of proof had not been discharged to show the current assessments were 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) · decisive
  • Valuation method
Evidence
Rents, Earlier tribunal decisions
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

Download the PDF · Find it on valuationtribunal.gov.uk

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.