The Ship Tavern, 12 Gate Street, WC2A 3HP
Public house and premises Decided 4 March 2025 CHG101182081 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 company argued that the subject property's RV of £160,000 was excessive because it was based on actual 2019 turnover figures without proper analysis of whether the property was overtrading, and that comparable pubs in worse locations had lower RVs. The tribunal found that the respondent's valuation methodology using the approved guide was appropriate, the 20% Covid adjustment was standard for Category 1 Inner London pubs, and the respondent's comparable properties (particularly The Ship and Shovell with similar trade levels at RV £153,000) supported the £160,000 figure. The tribunal dismissed the appeal, finding the appellant had not discharged the burden of proving overtrading or that the valuation was wrong.
Summary generated from the decision text and checked against it. The appellant was EV Inns Ltd, represented.
Grounds argued
- Trading receipts (pubs, hotels) · decisive
- Valuation method
- Comparable assessments (tone)
- Evidence
- Trading accounts, Settled assessments
- Cases cited
- Jack in the Green v Buckley; Wishart v Hulse
- Hearing
- 7 February 2025
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