Unit 1, Newport West Food Park, Port Road, Newport NP20 2SA

What was argued and what the tribunal found

The appellant sought to reduce the rateable value from £62,500 (£375/m²) to £49,250 (£295/m²), arguing that the property should be valued as a secondary-quality drive-thru café based on comparable rental evidence from nearby properties. The Valuation Officer argued the current assessment reflected appropriate rental values and comparable evidence within the locality. The tribunal found that whilst the subject property rent was too distant from the antecedent valuation date to be reliable, comparable assessments of similar drive-thru properties within five miles of the subject property supported the tone of the list, and therefore the existing value of £375/m² was appropriate.

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) · decisive
• Valuation method

Evidence

Rents, 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 Newport ·