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Tribunals · London Borough of Hackney · 2017 rating list

First Floor North, 40 Clifton Street, EC2A 4DX

Office and premises Decided 30 April 2026 CHG101248393 Knight Frank

OutcomeAllowed in partThe tribunal reduced the rateable value, but by less than the ratepayer sought.
Original RV · 2017 list£70,500
Ratepayer sought£59,500
VO conceded first—
Tribunal decided—from 1 Jun 2021

Figures are as stated in the decision, and are values in the 2017 list; a dash means the document does not state that figure. This judgement decided 7 properties together; the figures above are for this appeal's property (1ST FLR NORTH 40, CLIFTON STREET, LONDON, EC2A 4DX). Every property is listed below.

The 7 properties in this decision

One judgement covered all of these appeals. Each property’s figures as the judgement states them (2017 list); this appeal’s property is highlighted.

The properties covered by this tribunal decision, with the figures it states for each
PropertyOriginal RVSoughtTribunal decidedOutcome
BST NORTH & SOUTH 40, CLIFTON STREET, LONDON, EC2A 4DX£69,500—£69,500Dismissed
GND FLR NORTH 40, CLIFTON STREET, LONDON, EC2A 4DX£43,250£34,250—Allowed in part
GND FLR SOUTH 40, CLIFTON STREET, LONDON, EC2A 4DX£114,000£95,500—Allowed in part
1ST FLR NORTH 40, CLIFTON STREET, LONDON, EC2A 4DXThis appeal£70,500£59,500—Allowed in part
2ND FLR NORTH 40, CLIFTON STREET, LONDON, EC2A 4DX£74,000£66,000—Allowed in part
3RD FLR NORTH 40, CLIFTON STREET, LONDON, EC2A 4DX£75,500£70,500£75,500Dismissed
4TH FLR 40, CLIFTON STREET, LONDON, EC2A 4DX£162,000£155,000£162,000Dismissed

What was argued and what the tribunal found

The appellant sought allowances for the material change of circumstances caused by a street market operating in front of the property, initially claiming 9.5% but later revising to varying percentages by floor. The tribunal found the market had a negative impact on the property and accepted evidence of rental reductions from previous tenants. However, it determined the allowances should be less than sought: 5% for ground floors, 3% for the first floor, and 2% for the second floor, with effect from 1 June 2021, and rejected a 1.5% amenity allowance for loss of parking/cycle facilities.

Summary generated from the decision text and checked against it. The appellant was LAUREL BROOK II LTD, represented.

Grounds argued

  • Change of circumstances
  • Quantum or end allowance
Change of circumstances
street market operations
Evidence
Expert report, Photographs, Rents
Cases cited
Gardiner & Theobald LLP v David Jackson (VO) [2018] UKUT 0253 (LC); Simpsons Malt Ltd and Other v Jones (VO) UKUT [2017] 460; Denton v TH White Ltd [2014] 1 WLR 3926; Garton v Hunter [1968]
Hearing
31 March 2026

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