Tribunals · Reigate and Banstead Borough Council · 2023 rating list

46, HIGH STREET, SM7 2LX

Shop and premises Decided 18 May 2026 CHG101216812 Ryan Property Tax Services UK Limited

OutcomeDismissedThe appeal failed and the rateable value was left unchanged.

Original RV£33,000£500/m²

Ratepayer sought£29,750

VO conceded first—

Tribunal decided£33,000£500/m²

Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 3 properties; the figures shown are for the first listed.

What was argued and what the tribunal found

The appellants sought reductions to the rateable values of three shop properties on High Street, Banstead, arguing for a zone A rate of £450/m2 instead of the existing £500/m2. The tribunal examined comparable rental evidence from three nearby properties, whose rents analysed to between £494.19/m2 and £526.41/m2. The tribunal preferred the Valuation Officer's analysis of the key comparable at 95 High Street (£514.99/m2) over the appellant's analysis (£483/m2), finding the existing zone A rate of £500/m2 was not unreasonable and consistent with the market evidence and prior assessments.

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