Unit 3, Library Place, Manor Way, Chepstow, NP16 5HZ
Retail unit Decided 17 November 2025 6840101217026/285NV23/2 Valuation Tribunal for Wales
Figures are as stated in the decision, and are values in the 2023 list; a dash means the document does not state that figure.
What was argued and what the tribunal found
The appellant, self-represented after initially instructing a surveyor, challenged a rateable value of £24,250 based on a unit rate of £205m². The appellant argued for a reduction to £18,750 (£160m²), contending that comparable properties and the physical condition of Chepstow town centre supported a lower assessment. The Valuation Officer conceded the unit rate should be reduced to £195m² and proposed a revised RV of £23,000 reflecting the application of allowances to a rate of £175m². The tribunal accepted the Valuation Officer's concession and adopted the £175m² unit rate and £23,000 RV, not persuaded that the appellant had demonstrated the property warranted a reduction to £160m².
Summary generated from the decision text and checked against it. The appellant was First Stop Stationers Ltd, unrepresented.
Grounds argued
- Comparable assessments (tone) · decisive
- Rental evidence
- Evidence
- Rents, Settled assessments, Photographs
- Cases cited
- Lotus and Delta v Culverwell; Laing v Kingswood AC; O'Brien v Hardwood; Futures London v Stratford
- Hearing
- 21 October 2025
Similar decisions
- Shop and Premises, 5 Monnow Street, Monmouth, NP25 3EF — Dismissed, 5 Mar 2020
- Shop & Premises, 1 & 2 Priory Street, Monmouth NP25 3BR — Dismissed, 15 Mar 2019
- Shop & Premises, 6 & 7 Oldway Centre, Monnow Street, Monmouth NP25 3PS — Dismissed, 15 Mar 2019
- Shop & Premises, 30 Monnow Street, Monmouth NP25 3EF — Dismissed, 15 Mar 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.