Tribunals · London Borough of Enfield · 2017 rating list

Troubadour Meridian Water Studios, Unit 8, Stonehill Business Park, Hawley Road, Hawley Road, N18 3QU

TV and Film Studios and Premises Decided 12 May 2025 CHG101184528 Colliers International - Laurence Hatchwell

OutcomeDismissedThe appeal failed and the rateable value was left unchanged.
Original RV—£100/m²
Ratepayer sought—
VO conceded first—
Tribunal decided£442,500£78/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 sought to reduce the rateable values of a TV and film studio from £78 psm to £60 psm for the main stages, and claimed an end allowance for threat of adjacent flood relief works. The tribunal found the £78 psm stage rate reasonable by reference to comparable assessments of similar studio properties in the 2017 list, which had been valued with a 30% uplift for stage enhancements, and found no sufficient evidence that the flood works had affected value at the material dates. The appeals were dismissed in full.

Summary generated from the decision text and checked against it. The appellant was Troubadour Theatres Limited, represented.

Grounds argued

  • Comparable assessments (tone) · decisive
  • Quantum or end allowance
Change of circumstances
flood relief works
Evidence
Settled assessments, Expert report
Cases cited
Gardiner & Theobald LLP v David Jackson (VO) [2018] UKUT 0253 (LC); Dawkins (VO) v Ash Brothers and Heaton Ltd [1969] 2 AC 366
Hearing
31 March 2025

The tribunal’s decision in full

Download the PDF · Find it on valuationtribunal.gov.uk

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