UNIT 4, LONDON ROAD RETAIL PARK, LONDON ROAD, CA1 2PD
Retail warehouse and premises Decided 5 October 2026 CHG101222807 Ryan
Figures are as stated in the decision, and are values in the 2023 list; a dash means the document does not state that figure.
What was argued and what the tribunal found
The appellant argued that the Valuation Officer's tone of £120 per m2 was excessive and should be reduced based on the rent passing on the subject hereditament (£60.65 per m2). The tribunal accepted the rent evidence was important but not determinative, relying instead on Unit 3 lettings as the most reliable comparable evidence at £114.61 per m2. The tribunal allowed the appeal in part, adopting a tone of £120 per m2 but applying a 10% reduction to reflect the subject property's irregular configuration, end-of-terrace position, restricted servicing, and remote location from the retail park entrance.
Summary generated from the decision text and checked against it. The appellant was Dreams Limited, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone)
- Evidence
- Rents
- Cases cited
- Gardiner & Theobald LLP v David Jackson (VO)
- Hearing
- 21 September 2026
Is your own rateable value in line?
A free check compares a property with the assessments around it and says plainly whether there is anything worth pursuing.
Check a propertyThe tribunal’s decision in full
Decision © Crown copyright, published by the Valuation Tribunal Service under the Open Government Licence v3.0 and reproduced unaltered. This site does not index the names of private individuals that appear in decisions. Information, not advice.