Gnd Flr, 61-63 High Street, DE11 8JA
Shop and premises Decided 10 October 2024 CHG101173173 Frank Smith
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, a landlord, challenged the 2017 rating list valuation of his ground floor retail shop, arguing the zone A price should be reduced from £230/m2 to £190/m2. The tribunal found that whilst the appeal property had been let at £12,000 pa, when adjusted to the rating hypothesis (tenant responsible for all rates, taxes and repairs), this rent equated to only approximately £4,000 pa, which was significantly out of line with other available town centre rental evidence. The tribunal gave greatest weight to local High Street rents analysed at £209-£239/m2 and settled comparable assessments at £230/m2, concluding there was insufficient evidence to disturb the zone A price and the appeal was dismissed.
Summary generated from the decision text and checked against it. The appellant was an individual ratepayer, represented.
Grounds argued
- Comparable assessments (tone)
- Rental evidence
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus and Delta Ltd v Culverwell (Valuation Officer) and Leicester City Council
- Hearing
- 2 October 2024
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