Frenni Freight, Parc Gwynfryn, Crymych SA41 3RQ
Workshop and premises Decided 15 January 2020 684529886643/541NV17/25 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 contended that the property was incorrectly valued at £33,250 and should be reduced to £14,645, arguing it should be valued against comparable businesses in the locality rather than units on the industrial estate where it is located. The Valuation Officer relied on rental evidence from similar units on Parc Gwynfryn to support a revised figure of £29,250. The tribunal found the property was properly located on the industrial estate and upheld the rental evidence approach, but determined that a 25% discount for lack of heating, sewerage and running water (plus further allowances for insulation defects) was appropriate, resulting in an RV of £25,000.
Summary generated from the decision text and checked against it. The appellant was an individual ratepayer, unrepresented.
Grounds argued
- Comparable assessments (tone) · decisive
- Rental evidence
- Evidence
- Rents, Photographs
- Hearing
- 11 December 2019
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