Tribunals · Broxbourne Borough Council · 2023 rating list

53-56, SHOPPING PAVILION, HIGH STREET, EN8 7BW

Shop and premises Decided 12 March 2026 CHG101226806 Ryan Property Tax Services UK Limited

OutcomeAllowedThe tribunal reduced the rateable value.

Original RV£55,000£300/m²

Ratepayer sought£29,500

VO conceded first£51,000−7% before the hearing

Tribunal decided£29,500£155/m²

Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 2 properties; the figures shown are for the first listed.

What was argued and what the tribunal found

The appellants argued for reduced rateable values based on new open market lettings agreed close to the assessment valuation date of 1 April 2021. The tribunal found the subject property rents (£30,000 per annum) to be good evidence of hypothetical open market rents and attached significant weight to them. The tribunal rejected the Valuation Officer's argument that the rents were negotiated below open market values due to the tenants' financial difficulties, noting the lack of supporting evidence. The tribunal reduced the tone of value to £155/m2 to reflect these rents and allowed both appeals.

Summary generated from the decision text and checked against it. The appellant was Anglo Global Property Limited and Purepay Retail Limited, represented.