Tribunals · Wales · Carmarthenshire · 2017 rating list

Shop and Premises, Co-Op, Cross Hands Business Park, Cross Hands, Llanelli, SA14 6RB

Shop and Premises Decided 3 November 2021 682930906934/285NV17 Valuation Tribunal for Wales Colliers

OutcomeAllowed in partThe tribunal reduced the rateable value, but by less than the ratepayer sought.

Original RV · 2017 list£262,500£70/m²

Ratepayer sought£208,000

VO conceded first£260,000−1% before the hearing

Tribunal decided£260,000£70/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, represented by Colliers International, argued the appeal hereditament should be valued at £55/m2 (£208,000 RV) by reference to local retail warehouse comparables, citing the property's poor condition, location, and size disadvantages. The Valuation Officer conceded to £70/m2 (£260,000 RV). The tribunal found the Valuation Officer's comparable rental evidence from similar large food stores more persuasive than the appellant's retail warehouse comparables, which were not like-for-like properties. The tribunal allowed the appeal as conceded by the Valuation Officer, confirming £260,000 RV.

Summary generated from the decision text and checked against it. The appellant was The Co-Operative, represented.