The Trade Centre Wales & Preparation Department Units, Neath Abbey Industrial Estate, Neath Abbey, Neath SA10 7DR
Car Showroom & Premises Decided 6 June 2024 693036560247/537NV17/42 Valuation Tribunal for Wales Cooke & Arkwright
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 3 properties together; the figures above are for this appeal's property (The Trade Centre Wales & Preparation Department Units, Neath Abbey Industrial Estate, Neath Abbey, Neath SA10 7DR). Every property is listed below.
The 3 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 |
|---|---|---|---|---|
| The Trade Centre Wales & Preparation Department Units, Neath Abbey Industrial Estate, Neath Abbey, Neath SA10 7DR | — | — | — | Dismissed |
| The Trade Centre Wales & Preparation Department Units, Neath Abbey Industrial Estate, Neath Abbey, Neath SA10 7DR | £167,000 | £1 | £167,000 | Dismissed |
| The Trade Centre Wales & Preparation Department Units, Neath Abbey Industrial Estate, Neath Abbey, Neath SA10 7DRThis appeal | £233,000 | £1 | £233,000 | Dismissed |
What was argued and what the tribunal found
The appellant sought reduction of the rateable value from £233,000 to £1, arguing the valuation was excessive. The Valuation Officer had assessed the car showroom at £62.50/m² and £200 per vehicle space. The tribunal considered comparable properties in the same car supermarket categories (type 3 and 4) valued between £65-£85/m² and £150-£240 per vehicle space, and found the subject property's prominent location near the M4 motorway was a clear advantage. The tribunal determined the VO's unit rates and vehicle space rates were not unreasonable and confirmed the RV of £233,000.
Summary generated from the decision text and checked against it. The appellant was Trade Centre Wales, represented.
Grounds argued
- Valuation method
- Effective date
- Evidence
- tone_of_list_comparables
- Cases cited
- Woolway v Mazars (2015) UKSC; FC Brown Steel Equipment Ltd v Hopkins (VO) [2022] UKUT 51 (LC); Edwards (VO) v BP (Llandarcy) Ltd [1974] LT RA 1
- Hearing
- 27 March 2024
Similar decisions
- Shop and Premises, 1A Danybryn Road, Port Talbot SA13 1AL — Dismissed, 2 Oct 2023
- 6 Windsor Road, Neath SA11 1DA — Dismissed, 27 Feb 2019
- Kash Superstores, Bailey Street, Port Talbot SA12 6EP — Dismissed, 27 Feb 2019
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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.