8 CHARTER WAY, CM77 8YJ

What was argued and what the tribunal found

The appellant company challenged the 2023 rating list entry for a retail warehouse, arguing the unadjusted rate of £220/m² (RV £106,000) was excessive and should be reduced to £140/m² (RV £71,000). The tribunal found that the appellant's comparable rental evidence from a lease renewal dated January 2020, over a year before the antecedent valuation date, carried limited weight, particularly as it was not from an open market transaction. The tribunal established that a tone of £220/m² had been demonstrated across five other comparable properties on the same retail park, and that allowing the appellant's proposed reduction would leave this property out of kilter with that established tone. The tribunal dismissed the appeal, confirming the RV of £106,000.

Summary generated from the decision text and checked against it. The appellant was Dreams Limited, represented.

Grounds argued

• Comparable assessments (tone)
• Rental evidence

Evidence

Rents, Settled assessments

Cases cited

Lotus and Delta v Culverwell (VO) and Leicester City Council [1976] RA 141; Gardiner & Theobald LLP v David Jackson (VO) [2018] UKUT 0253 (LC)

Hearing

15 June 2026

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