Starbucks, Culverhouse Cross, Cardiff CF5 6XW

What was argued and what the tribunal found

The appellant contended the property should be valued at £285/m2 (RV £48,250) based on comparable rental evidence from similar secondary-location drive-thru properties agreed closer to the antecedent valuation date, rather than the £340/m2 assessment. The tribunal placed little weight on the subject lease (agreed 5 years after the AVD) and preferred comparable assessments on similar developments in the same locality. The tribunal allowed the appeal, finding £285/m2 aligned with comparable assessments and supporting evidence.

Summary generated from the decision text and checked against it. The appellant was The Magic Bean Company Ltd, represented.

Grounds argued

• Rental evidence
• Comparable assessments (tone)

Evidence

Rents, tone_of_list_comparables, Settled assessments

Cases cited

Lotus and Delta v Culverwell; O'Brien v Harwood; K Shoe Shops Ltd v Hardy

Hearing

26 June 2023

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All decisions in Vale of Glamorgan ·