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

What was argued and what the tribunal found

The appellant argued that the rateable value of £82,000 was excessive and should be reduced to £30,000 based on rental evidence showing the property was let to Poundland at £1 per annum for two years from August 2015, then £31,000 per annum from August 2017. The Valuation Officer conceded to £47,750 but argued the rents were distorted by repair costs, lack of security of tenure due to contracting out of the Landlord and Tenant Act 1954, and falling market conditions post-2015. The tribunal allowed the appeal, placing greater weight on the £31,000 rent agreed in September 2017 as reasonably clean evidence that reflected the property's actual market value, noting its disadvantages including dated design, poor location, and the fact that it had been empty for over three years before Poundland occupied it, which demonstrated the limited appeal of the hereditament.

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

Grounds argued

• Rental evidence
• Comparable assessments (tone)

Evidence

Rents, Photographs, Expert report

Cases cited

Lotus and Delta v Culverwell; Leicester CC; O'Brien v Harwood; W H Smith & Son v Clee; Kotecha v McKillop; Ladies Hosiery and Underwear Ltd v West Middlesex Assessment Committee; Robinson Bros v Durham County Assessment Committee; Vines Ltd v De Mauny; Oldschool & Oldschool v Coll

Hearing

2 October 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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