UNIT 29, GREYHOUND PARK ROAD, CH1 4QG
Retail warehouse and premises Decided 3 June 2026 CHG101413914 Ryan Property Tax Services UK Limited
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 challenged the RV of £302,500 (£180 per m2) proposing £212,000 (£115 per m2) based on the subject property's new lease at £116 per m2 and comparable rent at Unit 3 (£115 per m2). The tribunal found the subject rent too remote from the antecedent valuation date and Unit 3 significantly larger. Considering rent reviews from other units within the same retail park (ranging £161-£209 per m2) and their respective assessments, the tribunal determined a fair and reasonable price of £165 per m2, resulting in a revised RV of £282,500.
Summary generated from the decision text and checked against it. The appellant was NCF Furnishings Limited, represented.
Grounds argued
- Comparable assessments (tone)
- Rental evidence
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus and Delta v Culverwell; Gardiner & Theobald LLP v David Jackson
- Hearing
- 6 May 2026
Similar decisions
- 20-26 Foregate Street, CH1 1HA — Agreed at hearing, 6 Feb 2024
- Boots, 47-55 Foregate Street, CH1 1NA — Dismissed, 6 Feb 2024
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