Shop and Premises, The Co-Operative Food, Berriew Road, Welshpool, SY21 7SN

What was argued and what the tribunal found

The appellant sought to reduce the rateable value from £95,500 to £30,000, contending that an "interim agreement" reached with the Valuation Officer should be disregarded and arguing that subsequent rental evidence to Poundland (at £1 per annum for two years then £31,000) demonstrated the property's true value post-Tesco opening. The Tribunal found that the September 2007 passing rent provided the proper starting point, the 17.16% reduction conceded by the Valuation Officer was fair given the evidence of comparable properties, and the appellant had failed to substantiate a case for further reduction with substantive evidence rather than an "educated guess". The Tribunal dismissed the appeals, confirming the existing entry of £95,500 RV was not excessive.

Summary generated from the decision text and checked against it. The appellant was The Co-Operative and Poundland, represented.

Grounds argued

• Change of circumstances
• Rental evidence
• Comparable assessments (tone)

Change of circumstances

anchor store opening

Evidence

Rents, Settled assessments, Trading accounts

Cases cited

Lotus and Delta Ltd v Culverwell; O'Brien v Harwood; W H Smith & Son v Clee; Kotecha v McKillop; Ladies Hosiery and Underwear Ltd v West Middlesex Assessment Committee; ITM Corporation Ltd v Mooney; Robinson Bros (Brewers) v Durham County Assessment Committee; Go Outdoors v Lamb

Hearing

6 February 2019

Similar decisions

• Shop and Premises, 15 Lion Street, Brecon LD3 7HY — Dismissed, 17 Mar 2020
• Shop & Premises, 10 Market Street, Newtown SY16 2PQ — Dismissed, 19 Nov 2019
• Shop & Premises, 5 Penrallt Street, Machynlleth SY20 8AG — Dismissed, 19 Nov 2019
• Shop & Premises, 8 Broad Street, Newtown SY16 1LU — Dismissed, 19 Nov 2019

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