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Tribunals · Wales · Ceredigion · 2017 rating list

15, Chalybeate Street, Aberystwyth, SY23 1HS

Ground floor retail store Decided 8 June 2022 682030645062/541NV17/6 Valuation Tribunal for Wales Mr Iestyn Leyshon

OutcomeDismissedThe appeal failed and the rateable value was left unchanged.
Original RV · 2017 list£12,750
Ratepayer sought£10,500
VO conceded first—
Tribunal decided£12,750£425/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's agent argued that Zone B of the property should not be valued as retail space since it was being used only as a passageway to service the cool store and staff toilet. The tribunal found that properties must be valued on a hypothetical vacant-to-let basis, and a hypothetical tenant could reasonably use Zone B as retail space. The tribunal accepted the Valuation Officer's evidence that the overall value of £425/m² was in line with similar properties on Chalybeate Street, and dismissed the appeal.

Summary generated from the decision text and checked against it. The appellant was an individual ratepayer, represented.

Grounds argued

  • Zoning or layout
Evidence
rental_evidence, Photographs, tone_of_list_comparables
Cases cited
Vines Ltd v de Mauny
Hearing
10 May 2022

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The tribunal’s decision in full

Download the PDF · Read it on valuationtribunalwales.net

Decision of the Valuation Tribunal for Wales, published at valuationtribunalwales.net and reproduced unaltered. This site does not index the names of private individuals that appear in decisions. Information, not advice.