Tribunals · Wales · Monmouthshire · 2017 rating list

35 Moor Street, Chepstow NP16 5DE

Shop and premises Decided 18 October 2018 684029031553/192NV17 Valuation Tribunal for Wales

OutcomeAllowed in part — nobody attended for the ratepayerThe tribunal reduced the rateable value, but by less than the ratepayer sought.

Original RV · 2017 list£10,500£270/m²

Ratepayer sought£7,000

VO conceded first—

Tribunal decided£8,900£230/m²

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 argued that the RV of £10,500 was not achievable for a shop of this size in the current retail environment, and that properties in superior locations (St Mary Street and Thomas Street) had been valued at lower rates per m². The Valuation Officer contended the £270/m² zone A value was justified. The tribunal found that rental evidence from 16B Moor Street (effective October 2015, settled on appeal at £230/m²) was more reliable than other rents, and that the appellant's location further from the town centre warranted a lower zone A value more comparable to the lower end of Moor Street, reducing the RV to £8,900.

Summary generated from the decision text and checked against it. The appellant was an individual ratepayer, unrepresented.