Tribunals · Test Valley Borough Council · 2023 rating list

UNIT 2, GLENMORE TRADE PARK, GREENWICH WAY, SP10 4EY

Warehouse and premises Decided 18 September 2026 CHG101351854 Ryan Property Tax Services UK Limited

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

Original RV£40,250£120/m²

Ratepayer sought£23,000

VO conceded first£31,000−23% before the hearing

Tribunal decided£29,250£90/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 argued that the rateable values were excessive and should be reduced to reflect a tone of £70/m² based on the Unit 2 letting evidence, with only modest allowances for tenant fit-out works. The tribunal accepted the Valuation Officer's analysis, which properly accounted for significant fit-out costs (approximately £33,000) undertaken at Unit 2, deriving an adjusted rental analysis of approximately £88.43/m² that supported the adopted tone of £90/m². The tribunal found that the appellants had not demonstrated that a tone of £70/m² was reasonable, and dismissed the appeals.

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