White Lion Inn, Bank Street, Chepstow NP16 5EL
Public house and premises Decided 15 October 2018 684028927561/192NV17 Valuation Tribunal for Wales
Figures are as stated in the decision, and are values in the 2017 list; a dash means the document does not state that figure.
What was argued and what the tribunal found
The appellant's surveyor argued that the property's exceptional circumstances—its dispersed layout with three separate trade areas requiring high staffing costs and mandatory door security—meant the Approved Guide methodology was insufficiently flexible, and advocated instead a full profits method yielding £23,000. The Valuation Officer contended the Guide-based minimum bands for the lowest category adequately reflected these disadvantages, supporting £34,000. The tribunal found that while the profits method could theoretically apply, industry guidance like the Approved Guide should be followed unless there was compelling reason not to; it accepted the property had an unconventional layout but did not consider this sufficiently unique to warrant departure from the Guide. The tribunal determined the Valuation Officer had properly placed the property in the lowest category and band to account for its characteristics, and upheld the RV of £34,000.
Summary generated from the decision text and checked against it. The appellant was an individual ratepayer, represented.
Grounds argued
- Valuation method · decisive
- Floor area or measurement
- Zoning or layout
- Evidence
- Trading accounts
- Cases cited
- Sharp v Griffiths; Brown v Kirk
- Hearing
- 21 September 2018
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