Unit 1, Swansea Road, Merthyr Tydfil, CF48 1HT
Shop & Premises Decided 16 September 2021 692533701630/285NV17 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 2 properties together; the figures above are for this appeal's property (Unit 1, Swansea Road, Merthyr Tydfil, CF48 1HT). Every property is listed below.
The 2 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 |
|---|---|---|---|---|
| Unit 1, Swansea Road, Merthyr Tydfil, CF48 1HTThis appeal | £2,180,000 | — | £2,180,000 | Dismissed |
| Unit 1, Swansea Road, Merthyr Tydfil, CF48 1HT | £2,220,000 | — | £2,220,000 | Dismissed |
What was argued and what the tribunal found
The appellant's surveyor challenged the £70/m2 valuation rate adopted for the property and submitted that comparable properties evidenced a lower rate of £56/m2 should apply, along with a 10% allowance for planning restrictions. The Tribunal found the £70/m2 rate was supported by rental evidence from comparables in similarly valued retail warehouse locations, rejected the proposed reliance on an inferior location comparator (Trago Mills, Newton Abbot) with a £56/m2 rate, and found no rental evidence to support the requested planning restrictions allowance, noting that Boundary Mill, Colne (subject to similar restrictions) had been valued without such an allowance.
Summary generated from the decision text and checked against it. The appellant was Trago Mills (Merthyr) Ltd, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone)
- Quantum or end allowance
- Other
- Evidence
- Rents, Settled assessments
- Cases cited
- Morrison E F (GP) Ltd v Central Scotland Assessor
- Hearing
- 19 August 2021
Similar decisions
- Thomas and Davies, Pentrebach Road, Merthyr Tydfil, CF48 1YA — Dismissed, 3 Oct 2024
- Thomas and Davies, Pentrebach Road, Merthyr Tydfil, CF48 1YA — Dismissed, 3 Oct 2024
- Shop and Premises, Unit 3 Swansea Road, Merthyr Tydfil CF48 1HT — Dismissed, 27 Jul 2021
- Shop & Premises, 1 Morlais Buildings, Merthyr Tydfil CF47 8UL — Dismissed, 7 Mar 2019
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