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 CHG101184560 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 value of a TV and film studio complex from £100 psm to £60 psm for the stages, and claimed end allowances of 10-100% due to adjacent flood relief works. The tribunal accepted that stage space warranted a 30% uplift over the base industrial rate, finding comparable assessments across London studios supported a £78 psm rate. The tribunal rejected the flood relief works allowance as the works did not become a reality until July 2023 (outside the rating list period) and found insufficient evidence of negative impact on value during the material days in question.

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
Dawkins (VO) v Ash Brothers and Heaton Ltd; Gardiner & Theobald LLP v David Jackson (VO)
Hearing
31 March 2025

The tribunal’s decision in full

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

Decision © Crown copyright, published by the Valuation Tribunal Service under the Open Government Licence v3.0 and reproduced unaltered. This site does not index the names of private individuals that appear in decisions. Information, not advice.