Tribunals · Test Valley Borough Council · 2023 rating list

UNIT 4, GLENMORE TRADE PARK, GREENWICH WAY, SP10 4EY

Warehouse and premises Decided 18 September 2026 CHG101244168 Ryan Property Tax Services UK Limited

OutcomeDismissedThe appeal failed, leaving the value at the figure the Valuation Officer had already conceded.

Original RV£40,250£120/m²

Ratepayer sought£23,000

VO conceded first£31,000−23% before the hearing

Tribunal decided£29,250£90/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 sought reductions to the rateable values on the basis that the Valuation Officer's adopted tone of £90/m² was excessive, arguing instead for a tone of £70/m² (later revised from £65/m²). The tribunal accepted that the proper analysis of the key Unit 2 rental evidence, when adjusted for tenant fit-out costs of approximately £33,000, supported a tone close to £90/m². The tribunal found that other rental evidence and comparable assessments within the trade park were consistent with the existing scheme tone and did not support the appellants' proposed reduction. The appeals were dismissed as the assessments were found to be reasonable.

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