Other Leisure, Unit 3 The Pumphouse, Hood Road, Docks, Barry CF62 5QN
Gym and Premises Decided 29 January 2019 695029741877/192NV17/77 Valuation Tribunal for Wales
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, a fitness centre operator, challenged the RV of £61,500 seeking reduction to £55,000, arguing the rateable value should reflect the market rent of £55,000 and the business's financial circumstances. The tribunal found the Valuation Officer correctly based the valuation on the subject property's rent at £55,000 per annum, which when appropriately adjusted for repairs and insurance obligations analysed at approximately £105/m². The tribunal confirmed a reduced RV of £60,500 reflecting agreed floor area corrections, representing a partial allowance of the appeal.
Summary generated from the decision text and checked against it. The appellant was SF 247 West Ltd T/A Snap Fitness, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone)
- Evidence
- Rents, Photographs, Expert report
- Hearing
- 20 December 2018
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