Tribunals · City of London Corporation · 2017 rating list

Cleary Gottlieb Steen & Hamilton Llp, Cleary Gottlieb Steen & Hamilton Llp, EC2Y 5AU

Office premises Decided 19 September 2025 CHG101152198 Knight Frank - Bjorn Bowles

OutcomeDismissedThe appeal failed and the rateable value was left unchanged.

Original RV£2,450,000

Ratepayer sought£2,380,000

VO conceded first—

Tribunal decided£2,450,000

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 redevelopment and demolition of nearby City Place House caused material disturbance to the subject property (noise, dust, vibrations, loss of access) and sought a 2.5% allowance, citing a similar allowance granted to City Place House during the subject property's own construction. The tribunal found that while the works were ongoing at the material day, their effects on the subject property were limited given its modern, fully-sealed construction, distance of over 40 metres from the works, alternative access routes, and that comparable allowances were for properties much closer to construction (maximum 20 metres). No allowance was warranted.

Summary generated from the decision text and checked against it. The appellant was Cleary Gottlieb Steen & Hamilton LLP, represented.