Tribunals · Wales · Cardiff · 2017 rating list

Principality House, The Friary, Cardiff, CF10 3FA

Decided 21 July 2025 681535591095/285NV17/7 Valuation Tribunal for Wales Cooke & Arkwright

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

Original RV · 2017 list£626,000

Ratepayer sought—

VO conceded first—

Tribunal decided£0from 27 Sept 2021

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 challenged the RV of £626,000 for Principality House following extensive redevelopment works that commenced on 20 September 2021, seeking a reduction to £1 with effect from that date. The appellant and the Valuation Officer reached an agreement for a temporary reduction in RV to £0 for floors 1 and 2 from 27 September 2021 to 31 January 2022, with the original RV to be reinstated from 1 February 2022. The tribunal confirmed this agreed list alteration under Regulation 34(6), as the reduction was temporary and commensurate with the duration of the disruptive circumstances.

Summary generated from the decision text and checked against it. The appellant was Principality Building Society, represented.