Tribunals · Rugby Borough Council · 2023 rating list

The Works Stores Ltd, 43-44 Clock Towers SC, Market Mall, Market Mall, CV21 2JR

Shop and premises Decided 17 February 2026 CHG101200220 Lambert Smith Hampton - Birmingham CCA

OutcomeDismissedThe appeal failed.

Original RV£34,000£350/m²

Ratepayer sought£15,000

VO conceded first—

Tribunal decided£22,250£225/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 challenged the £34,000 rateable value (£350/m² zone A rate) on the basis of the subject rent of £15,000 per annum (analysed to £147/m²), arguing for a reduction to £150/m². The tribunal found the subject rent, although at the start point per Lotus & Delta principles, was a rent renewal from 2017 agreed one year post the antecedent valuation date, and when considered alongside a basket of comparative rents agreed closer to the AVD and properties within the shopping centre, the evidence supported the challenged decision rate of £225/m² as reasonable. The appeal was dismissed, confirming the rateable value at £22,250.

Summary generated from the decision text and checked against it. The appellant was The Works Stores Ltd, represented.