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 CHG101184549 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 company sought to reduce the rateable value of a TV and film studios complex from £100 psm to £60 psm for the main stage spaces, and also sought end allowances of 10–100% for proposed flood relief works on adjacent land. The tribunal found the VO's reduced rate of £78 psm reasonable by reference to comparable studio assessments and the justified 30% uplift for high-quality stage spaces with soundproofing and eaves height; comparable properties showed a range including OMA Studios at £70.20 psm (which would have received the same uplift) and West London Film Studio at £80.78–£84.62 psm. The tribunal rejected the flood relief works end allowances, noting that the works did not become a reality until July 2023 (outside the 2017 rating list period) and that on the material days in question the property was actively hired (including by Netflix), with no evidence of lost business attributable to the threat of those works.

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

Grounds argued

  • Comparable assessments (tone) · decisive
  • Change of circumstances
Change of circumstances
flood relief works
Evidence
Settled assessments, Expert report
Cases cited
Dawkins (VO) v Ash Brothers and Heaton Ltd; Gardiner & Theobald LLP v David Jackson (VO)
Hearing
31 March 2025

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