Tribunals · Leeds City Council · 2017 rating list

2, St Peters Square,, LS9 8AH

Television studio and premises Decided 1 June 2026 CHG101211606 BNP Real Estate - Steven Turton

OutcomeAllowed in partThe tribunal reduced the rateable value, but by less than the ratepayer sought.

Original RV£335,000£150/m²

Ratepayer sought£260,000

VO conceded first£325,000−3% before the hearing

Tribunal decided£310,000£141.8/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 (BBC) argued that the subject television studio property's rateable value of £335,000 was unreasonable, initially proposing £260,000 (£120/m2) but later revising to £310,000 (£141.80/m2) based on evidence of office value declines in Leeds between 2010 and 2017 rating lists. The Valuation Officer contended for £150/m2, citing modern comparable lettings. The tribunal found the appellant's argument more persuasive, determining that the VO's tone of £150/m2 was unreasonable, and instead adopted £141.80/m2 to reflect the demonstrated 10% decline in office values across the LS9 postcode area between the two rating lists, resulting in an RV of £310,000.

Summary generated from the decision text and checked against it. The appellant was British Broadcasting Corporation, represented.