Unit 11, Southwater Square, Southwater Way, Southwater Way, TF3 4JG
Restaurant and premises Decided 28 June 2023 VT00013438 BNP Real Estate
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
Greene King plc appealed the Valuation Officer's transitional certificate valuing the restaurant at £119,000 (£300psm). The tribunal accepted the appellant's argument that the correct tone should be £280psm by reference to the comparable Unit 10, which was reduced to that rate. The appeal was allowed and the RV confirmed at £111,000.
Summary generated from the decision text and checked against it. The appellant was Greene King plc, represented.
Grounds argued
- Comparable assessments (tone)
- Evidence
- Settled assessments
- Hearing
- 15 June 2023
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