First And Second Floor, 55 Colmore Row, B3 2Ap
Office and premises Decided 10 April 2025 CHG101211806 Avison Young - Andreas Fatta
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 sought a reduction in the RV from £900,000 to £715,000, arguing for a 5% quantum allowance in addition to an agreed main space rate reduction from £240/m² to £190/m². The parties agreed on a main space rate of £210/m², leaving the quantum allowance as the only disputed issue. The tribunal found that comparable properties within the subject building showed no difference in analysed rents based on size, and that comparables cited by the appellant from different, modern buildings were not appropriate 'like for like' comparators. The tribunal allowed the appeal in part, reducing the RV to £790,000 based on the agreed £210/m² rate but rejecting the additional 5% quantum allowance.
Summary generated from the decision text and checked against it. The appellant was Pinsent Masons, represented.
Grounds argued
- Quantum or end allowance · decisive
- Comparable assessments (tone)
- Evidence
- Rents, Settled assessments
- Hearing
- 11 March 2025
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