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Tribunals · London Borough of Southwark · 2023 rating list

2 ND FL 96­-108, GREAT SUFFOLK STREET,, SE1 0BE

Decided 25 November 2025 CHG101275709 Ryan

OutcomeAllowedThe tribunal reduced the rateable value.
Original RV · 2023 list£194,000
Ratepayer sought£186,000
VO conceded first—
Tribunal decided£186,000from 1 Apr 2023

Figures are as stated in the decision, and are values in the 2023 list; a dash means the document does not state that figure. This judgement decided 2 properties together; the figures above are for this appeal's property (2ND FL 96-108, GREAT SUFFOLK STREET, LONDON, SE1 0BE). Every property is listed below.

The 2 properties in this decision

One judgement covered all of these appeals. Each property’s figures as the judgement states them (2023 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 FL 96-108, GREAT SUFFOLK STREET, LONDON, SE1 0BE£175,000£169,000£169,000Allowed
2ND FL 96-108, GREAT SUFFOLK STREET, LONDON, SE1 0BEThis appeal£194,000£186,000£186,000Allowed

What was argued and what the tribunal found

The appellants challenged the adopted price of £400 per m2, arguing that rental evidence from the subject properties and comparable assessments on Great Suffolk Street demonstrated the valuation was excessive. The tribunal found the rental evidence from the ground floor and fourth floor at £385 per m2 was compelling, particularly as these represented recent lettings close to the antecedent valuation date, and accordingly determined that the present price of £400 per m2 was unreasonable and should be reduced to £385 per m2.

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

Grounds argued

  • Rental evidence
  • Comparable assessments (tone) · decisive
Evidence
Rents, Settled assessments
Cases cited
Lotus and Delta v Culverwell; Gardiner & Theobald LLP v David Jackson
Hearing
7 November 2025

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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.