Tribunals · City of Westminster · 2023 rating list

KIOSK (BTW OXFORD CIRCUS STN EAST EXIT & ARGYLL STREET),, Oxford Street, W1D 2LP

Kiosk and premises Decided 18 May 2026 CHG101348525 JMA Chartered Surveyors

OutcomeDismissedThe appeal failed, leaving the value at the figure the Valuation Officer had already conceded.

Original RV£57,000£11250/m²

Ratepayer sought£15,000

VO conceded first£45,500−20% before the hearing

Tribunal decided£45,500£9000/m²

Figures are as stated in the decision; a dash means the document does not state that figure.

What was argued and what the tribunal found

The appellant sought a reduction of the RV from £57,000 (later reduced to £45,500 by the VO) to £15,000, arguing that comparable rental evidence supported a lower valuation of £3,000/m² and that the opening of the Elizabeth line in May 2022 had significantly reduced passing footfall. The tribunal found the appellant's comparable evidence unreliable or not truly comparable, and placed greatest weight on the VO's comparable property at 241-243 Oxford Street which supported £9,000/m². The tribunal found insufficient evidence that the Elizabeth line opening had a detrimental effect on the appeal property and dismissed the appeal.

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