Tribunals · Cherwell District Council · 2023 rating list

John Nicholls Ltd, Overthorpe Road, OX16 8SY

Warehouse and premises Decided 4 December 2025 CHG101183320 Roberts Vain Wilshaw - Paul Roberts

OutcomeDismissedThe appeal failed, leaving the value at the figure the Valuation Officer had already conceded.
Original RV£169,000£50/m²
Ratepayer sought£123,000
VO conceded first£167,000−1% before the hearing
Tribunal decided£167,000£50/m²

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 rateable value of £169,000 (later revised to £167,000 by the VO), arguing for a reduction to £123,000 based on a lower tone of £34.50/m². The tribunal considered the actual rent of £175,000 p.a. with rent-free incentives (analysed to £36.80/m²) and comparable rental evidence, particularly Plot 22B at £62.78/m² which supported the original tone of £50/m². The tribunal found the appellant had not provided sufficient evidence to support a lower valuation and dismissed the appeal, upholding the RV of £167,000.

Summary generated from the decision text and checked against it. The appellant was MKM Building Supplies Ltd, represented.

Grounds argued

  • Rental evidence
  • Comparable assessments (tone) · decisive
Evidence
Rents, Settled assessments
Cases cited
Lotus & Delta Ltd v Culverwell (VO) [1976] RA 141; Gardiner & Theobald LLP v David Jackson (VO) [2018] UKUT 0253 (LC)
Hearing
12 November 2025

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The tribunal’s decision in full

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