The Apollo, 24 Prince Street, YO15 2NW
Public House and Premises Decided 16 September 2024 CHG101180907 Chris Wright
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 challenged the RV of £90,000, arguing the VOA failed to properly calculate fair maintainable trade (FMT) and seeking reduction to £53,000. The tribunal found the property was correctly valued under the Public Houses Approved Guide 2023 using actual trade evidence from the appellant, with a COVID-19 adjustment applied. The tribunal dismissed the comparable property argument, noting the appellant provided insufficient evidence about them and that actual trade evidence was available and should be the starting point. The appeal was dismissed and the RV of £90,000 confirmed.
Summary generated from the decision text and checked against it. The appellant was The Apollo, represented.
Grounds argued
- Trading receipts (pubs, hotels)
- Comparable assessments (tone)
- Valuation method
- Evidence
- Trading accounts, Settled assessments
- Cases cited
- JD Wetherspoon PLC v Day (VO) [2008] RA 129; Watney Mann Ltd v Langley (VO) [QB 1963]
- Hearing
- 20 August 2024
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