Tribunals · London Borough of Southwark · 2023 rating list

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

Decided 25 November 2025 CHG101275709 Ryan Property Tax Services UK Limited/Ryan Property Tax Services formerly Altus Group

OutcomeAllowedThe tribunal reduced the rateable value.
Original RV£175,000£400/m²
Ratepayer sought£169,000
VO conceded first—
Tribunal decided£169,000£385/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 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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