FOCUS LABEL MACHINERY LTD, CHAPEL LANE, BINGHAM, BINGHAM, NG13 8GF
Workshop and premises Decided 4 February 2025 CHG101174042 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 contended that the rateable value of £111,000 (£45 per m² for the 1993 section and £50 per m² for the 2003 section) was unreasonable and should be reduced to £71,500 (£28.25 per m² for the 1993 section and £32.75 per m² for the 2003 section), based on rental evidence analysed between £30.08 and £59.13 per m². The tribunal found that rental evidence from properties within Bingham itself, particularly Rear of Unit 4 analysed at £48.55 per m² and Office units at Ranch Chapel Lane at £47.31-£60.97 per m², supported the respondent's valuation. The tribunal was not persuaded by the appellant's argument that the RV was unreasonable and dismissed the appeals, confirming the RV at £111,000.
Summary generated from the decision text and checked against it. The appellant was Focus Label Machinery Limited, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone)
- Valuation method
- Evidence
- Rents, Settled assessments
- Hearing
- 10 January 2025
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