Tribunals · City of Westminster · 2023 rating list

8, BUCKINGHAM STREET, WC2N 6BU

Offices and premises Decided 27 March 2026 CHG101190738 Ryan

OutcomeAllowedThe tribunal reduced the rateable value.

Original RV · 2023 list£69,500£450/m²

Ratepayer sought£61,500

VO conceded first—

Tribunal decided£61,500£400/m²

Figures are as stated in the decision, and are values in the 2023 list; a dash means the document does not state that figure.

What was argued and what the tribunal found

The appellant challenged the original RV of £69,500 (£450 psm) for a six-floor Georgian converted townhouse office building (197.90m²), proposing £61,500 (£400 psm). The tribunal found the original RV unreasonable, attaching greatest weight to the comparable rent at 21 Buckingham Street (similar location, character, and size at £402.62-£416 psm) and less weight to the VO's smaller, non-comparable properties across wider areas, and determined that local variations within London were significant. The appeal was allowed with RV reduced to £61,500 based on the tribunal's preferred rental evidence of nearby comparable properties.

Summary generated from the decision text and checked against it. The appellant was Charles Fussell & Co LLP, represented.