Tribunals · London Borough of Hackney · 2017 rating list

Third Floor North, 40 Clifton Street, EC2A 4DX

Offices and premises Decided 30 April 2026 CHG101248449 Knight Frank – William Secrett

OutcomeAllowed in partThe tribunal reduced the rateable value, but by less than the ratepayer sought.

Original RV£43,250

Ratepayer sought£34,250

VO conceded first—

Tribunal decided—from 1 Jun 2021

Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 7 properties; the figures shown are for the first listed.

What was argued and what the tribunal found

The appellant sought end allowances for disturbance caused by a street market opening directly in front of the office property, arguing this materially impacted rental value. The tribunal found the market did have a negative impact, evidenced by tenant complaints, rent reductions, and reports of anti-social behaviour and disruption, but rejected the appellant's proposed allowances as too severe. The tribunal allowed the appeals in part, granting 5% allowance for ground floors, 3% for first floor, and 2% for second floor, whilst dismissing claims for higher allowances and a 1.5% amenity allowance.

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