160 Basingstoke Road, Riseley, RG2 0HJ
Car showroom and premises Decided 15 July 2026 CHG101212583 Colliers International - Matthew Hawkins
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 argued that the rateable value of £645,000 (£200/m² tone) was excessive and should be reduced to £317,500 based on an analysed rent of £87/m² from a January 2021 lease. The tribunal found that whilst the lease was important evidence, it was let in shell condition requiring substantial tenant-funded refurbishment, and the passing rent required adjustment for fit-out costs of approximately £500/m². After adjustment, the lease analysed to approximately £211/m², supporting the VO's adopted tone of £200/m². The tribunal also rejected the appellant's claim for a 7.5% end allowance for floor level variations, finding no rental evidence demonstrated a measurable reduction in value. The appeal was dismissed.
Summary generated from the decision text and checked against it. The appellant was Tesla Motors Ltd, represented.
Grounds argued
- Rental evidence · decisive
- Comparable assessments (tone)
- Quantum or end allowance
- Evidence
- Rents, Expert report
- Cases cited
- Lotus and Delta v Culverwell; Johnson v H & B Foods Limited; Group1 Automotive Ltd v Valuation Officer
- Hearing
- 24 June 2026
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