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 CHG101184539 Colliers International - Laurence Hatchwell

OutcomeDismissedThe appeal failed and the rateable value was left unchanged.
Original RV—
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 value of a TV and film studio from £100 psm to £60 psm for the main stage areas, and claimed end allowances of 10-100% due to adjacent flood relief works. The tribunal found that the VO's reduction to £78 psm was reasonable, supported by comparable assessment evidence (OMA Studios, 8 River Road, West London Film Studio, Unit 33 Riverwalk, Rock Building) which showed a range of £29.95-£102 psm. The tribunal accepted that a 30% uplift for stage space was justified due to superior quality, size, eaves height and soundproofing compared to ancillary buildings. End allowances were rejected as there was insufficient evidence that the proposed flood works affected value during the rating period; the site was hired to Netflix and others throughout the material days, and the works did not commence until January 2024, outside the 2017 list period.

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

Grounds argued

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

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