Part 1st Floor, Lyric Buildings, Carmarthen SA31 1BA
Office premises Decided 6 September 2021 682533510618/285NV17/1 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. This judgement decided 5 properties together; the figures above are for this appeal's property (Part 1st Floor, Lyric Buildings, Carmarthen SA31 1BA). Every property is listed below.
The 5 properties in this decision
One judgement covered all of these appeals. Each property’s figures as the judgement states them (2017 list); this appeal’s property is highlighted.
| Property | Original RV | Sought | Tribunal decided | Outcome |
|---|---|---|---|---|
| Part 1st Floor, Lyric Buildings, Carmarthen SA31 1BAThis appeal | £10,750 | £3,124 | £10,750 | Dismissed |
| Pearl Assurance, 1st Floor, Lyric Buildings, Carmarthen SA31 1BA | £22,750 | £12,300 | £22,750 | Dismissed |
| 2nd Floor, Lyric Buildings, Carmarthen SA31 1BA | £43,000 | £23,172 | £37,000 | Allowed in part |
| Front Offices, 3rd Floor, Lyric Buildings, Carmarthen SA31 1BA | £11,250 | £8,700 | — | Struck out |
| Rear Offices, 3rd Floor, Lyric Buildings, Carmarthen SA31 1BA | £17,250 | £6,222 | £13,500 | Allowed in part |
What was argued and what the tribunal found
The appellant, a company that had purchased the listed building at auction, argued that the offices should be valued at a lower rateable value due to the building's poor state of repair, water ingress issues, and high service charges. The tribunal found that the appellant had failed to provide evidence of the building's condition at the antecedent valuation date or to prove that repair costs were uneconomic. The tribunal upheld the Valuation Officer's approach of using comparable rental evidence and valuing the property on the assumption of reasonable repair.
Summary generated from the decision text and checked against it. The appellant was Shop Lettings Ltd, represented.
Grounds argued
- State of repair or deletion
- Evidence
- Rents, Settled assessments, Expert report
- Cases cited
- Vines Ltd v de Mauny; Lotus & Delta Ltd v Culverwell; Archer Ltd v Robinson; Brighton Marine Palace & Pier Co v Rees
- Hearing
- 11 August 2021
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