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Tribunals · London Borough of Camden · 2023 rating list

BST 67­-74, SAFFRON HILL, EC1N 8QX

Offices and premises Decided 20 February 2026 CHG101225528 Ryan

OutcomeAllowedThe tribunal reduced the rateable value.
Original RV · 2023 list£102,000
Ratepayer sought£91,000
VO conceded first—
Tribunal decided£91,000from 1 Apr 2023

Figures are as stated in the decision, and are values in the 2023 list; a dash means the document does not state that figure. This judgement decided 2 properties together; the figures above are for this appeal's property (BST 67-74, Saffron Hill, London EC1N 8QX). Every property is listed below.

The 2 properties in this decision

One judgement covered all of these appeals. Each property’s figures as the judgement states them (2023 list); this appeal’s property is highlighted.

The properties covered by this tribunal decision, with the figures it states for each
PropertyOriginal RVSoughtTribunal decidedOutcome
3rd Flr 67-74, Saffron Hill, London EC1N 8QX£174,000£155,000£155,000Allowed
BST 67-74, Saffron Hill, London EC1N 8QXThis appeal£102,000£91,000£91,000Allowed

What was argued and what the tribunal found

The appellants challenged the rateable value of two office properties at 67-74 Saffron Hill, London, arguing that the base rate of £450/m2 was excessive. The tribunal found that rental evidence from the 1st Floor of the same building (£402/m2, January 2022 letting) and a comparable property at Baird House (reduced from £450/m2 to £365/m2) provided sufficient evidence to support a reduction. The tribunal determined the appropriate base rate was £400/m2, reducing the 3rd Floor RV to £155,000 and the basement warehouse RV to £91,000 with effect from 1 April 2023.

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

Grounds argued

  • Comparable assessments (tone)
  • Rental evidence
  • Valuation method
Evidence
Rents, Settled assessments
Cases cited
Lotus & Delta Ltd v Culverwell; Gardiner & Theobald LLP v David Jackson
Hearing
27 January 2026

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The tribunal’s decision in full

Download the PDF · Find it on valuationtribunal.gov.uk

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.