Second Floor, Solon House, SW6 3BN
Offices and premises Decided 4 March 2026 CHG101195658 Hanway Commercial - Mark Short
Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 3 properties; the figures shown are for the first listed.
What was argued and what the tribunal found
The appellant argued that the main space rate applied to the three office properties was excessive and should be reduced to £200/m2. The tribunal found that while rental evidence from a March 2021 licence agreement at £195.25/m2 was persuasive, some caution was warranted given that the property had previously been let at £450.05/m2 under a longer lease. The tribunal adopted a main space rate of £300/m2 as a fair and reasonable compromise, reducing the three assessments accordingly on the basis that the original rates of £350/m2 and £367.50/m2 were excessive.
Summary generated from the decision text and checked against it. The appellant was VIBEGOLD, represented.
Grounds argued
- Comparable assessments (tone)
- Rental evidence
- Evidence
- Rents, Expert report
- Cases cited
- Lotus and Delta v Culverwell
- Hearing
- 6 February 2026
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