Unit 1A And 1B, Eastgate Centre, BS5 6XX

What was argued and what the tribunal found

The appellant sought a reduction from £120/m² to £70/m² based on the rent passing on the subject property (£183,590 per annum agreed in December 2020). The tribunal found that while the actual rent was the starting point for valuation, it must be tested against comparable properties in the locality. The comparable evidence, including rents ranging from £125/m² to £206/m², and a settled assessment at £125/m² on a similar Home Bargains unit one mile away, showed the subject property's rent to be an outlier. The tribunal concluded the existing valuation at £120/m² was not excessive and the appellant had failed to prove the valuation unreasonable.

Summary generated from the decision text and checked against it. The appellant was J H LEEKE & SON, represented.

Grounds argued

• Rental evidence
• Comparable assessments (tone)

Evidence

Rents, Settled assessments

Cases cited

Lotus & Delta Ltd v Culverwell; Gardiner & Theobold LLP v Jackson

Hearing

23 February 2026

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