Tribunals · Wales · Monmouthshire · 2017 rating list

Shop & Premises, 1 & 2 Priory Street, Monmouth NP25 3BR

Shop and Premises Decided 15 March 2019 684030745312/192NV17/43 Valuation Tribunal for Wales

OutcomeDismissedThe appeal failed and the rateable value was left unchanged.

Original RV · 2017 list£15,750£250/m²

Ratepayer sought£9,750

VO conceded first—

Tribunal decided£15,750£250/m²

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 argued that the property should be valued as a take-away and restaurant rather than a shop and premises, and that the rateable value should be reduced from £15,750 to £9,750 due to a lower price per square metre applied elsewhere on Priory Street. The Valuation Officer maintained the £250/m² rate was justified by comparable rental evidence. The tribunal found, by examining photographs and having regard to the property being assumed vacant and to let, that it is a standard retail shop and photographs clearly showed this; whilst similar properties may be operated as take-aways or restaurants, the physical structure remains a purpose-built retail unit. The tribunal found the comparable rents and analysed evidence supported the £250/m² rate and the rateable value of £15,750.

Summary generated from the decision text and checked against it. The appellant was an individual ratepayer, unrepresented.