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Tribunals · London Borough of Hackney · 2017 rating list

Second Floor North, 40 Clifton Street, EC2A 4DX

Office premises Decided 21 April 2026 CHG101248440 Knight Frank

OutcomeAllowedThe tribunal reduced the rateable value.
Original RV · 2017 list—
Ratepayer sought—
VO conceded first—
Tribunal decided—from 1 Jul 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 (2ND 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
GND FLR NORTH 40, CLIFTON STREET, LONDON, EC2A 4DX———Allowed
1ST FLR NORTH 40, CLIFTON STREET, LONDON, EC2A 4DX———Allowed
2ND FLR NORTH 40, CLIFTON STREET, LONDON, EC2A 4DXThis appeal———Allowed
3RD FLR NORTH 40, CLIFTON STREET, LONDON, EC2A 4DX———Allowed
4TH FLR 40, CLIFTON STREET, LONDON, EC2A 4DX———Allowed
BST NORTH & SOUTH 40, CLIFTON STREET, LONDON, EC2A 4DX———Dismissed
GND FLR SOUTH 40, CLIFTON STREET, LONDON, EC2A 4DX———Dismissed

What was argued and what the tribunal found

The appellant sought allowances for a material change of circumstances relating to building works at 65 Clifton Street affecting five floors of office premises at 40 Clifton Street, London. The parties agreed the level of allowance that should apply to five of the appeal properties (ranging from 2.5% to 5.0%), and the tribunal ratified these agreed reductions with effect from 1 July 2021. Two further appeals relating to other parts of the building were dismissed as no allowance was agreed between the parties.

Summary generated from the decision text and checked against it. The appellant was Laurel Brook II Ltd, represented.

Grounds argued

  • Change of circumstances · decisive
  • Quantum or end allowance
Change of circumstances
building works
Hearing
31 March 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.