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 CHG101184554 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, represented by Colliers International, sought a reduction in the rateable value of a TV and film studio from £100 psm to £60 psm, and claimed end allowances (10-100%) for proposed flood relief works on adjacent land. The tribunal found that comparable assessment evidence supported a stage rate of £78 psm justified by a 30% uplift for the enhanced stage facilities, and rejected the end allowance claim as there was insufficient evidence that the proposed works affected value at the material dates during the initial four-year lease 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: Dawkins v Ash Brothers and Heaton Ltd; Gardiner & Theobald LLP v David Jackson
Hearing: 31 March 2025

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The tribunal’s decision in full

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