2 ND-5TH FLOORS 12-13, WELLS MEWS,, W1T 3HE
Offices and premises Decided 22 September 2025 CHG101143370 Ryan Property Tax Services UK Limited/Altus Group - Oakland - Manchester
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 appellant argued that the subject property's rateable value of £845,000 (at £650 per m²) was excessive due to its inferior location in a back-alley mews and lower quality compared to comparable properties on Wells Street. The tribunal found that although no rental evidence was available, reliance on tone of comparable properties was appropriate, and determined that the subject property's location and condition aligned more closely with the Rathbone Street comparable (valued at £600 per m²). The appeal was allowed and the rateable value reduced to £780,000 (£600 per m²).
Summary generated from the decision text and checked against it. The appellant was ADYEN UK LTD, represented.
Grounds argued
- Comparable assessments (tone) · decisive
- Evidence
- tone_of_list_comparables
- Cases cited
- Lotus and Delta v Culverwell; Gardiner & Theobald LLP v David Jackson
- Hearing
- 27 August 2025
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