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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

OutcomeDismissedThe appeal failed, leaving the value at the figure the Valuation Officer had already conceded.
Original RV · 2023 list£40,250
Ratepayer sought£23,000
VO conceded first£31,000−23% before the hearing
Tribunal decided£29,250from 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 (UNIT 2, GLENMORE TRADE PARK, GREENWICH WAY, ANDOVER, SP10 4EY). 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
UNIT 2, GLENMORE TRADE PARK, GREENWICH WAY, ANDOVER, SP10 4EYThis appeal£40,250£23,000£29,250Dismissed
UNIT 4, GLENMORE TRADE PARK, GREENWICH WAY, ANDOVER, SP10 4EY£37,750£25,000£31,000Dismissed

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.

Grounds argued

  • Rental evidence · decisive
  • Comparable assessments (tone)
Evidence
Rents, Settled assessments, Photographs, Expert report
Cases cited
Lotus and Delta v Culverwell; Bunyan (VO) v Acenden Ltd
Hearing
1 September 2026

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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.