Marks and Spencer plc v Broadway (VO)
Marks and Spencer plc v Broadway (VO)
- 1998
- Rating Appeals [1998] RA 17-36(11) .
LT 19 January 1998. Determination of an out-of-town superstore`s rateable value. The valuation tribunal determined the assessment at £392,500 and the ratepayers appealed. The ratepayers sought an rv of £305,000 which they supported by relying on comparables in various edge of centre or out-of-town locations. Held, assessment be reduced to £383,000 rv.
COMPARABLES
FOODSTORES
ISLE OF WIGHT
RATING APPEALS
REDUCTION
SUPERSTORE
LT 19 January 1998. Determination of an out-of-town superstore`s rateable value. The valuation tribunal determined the assessment at £392,500 and the ratepayers appealed. The ratepayers sought an rv of £305,000 which they supported by relying on comparables in various edge of centre or out-of-town locations. Held, assessment be reduced to £383,000 rv.
COMPARABLES
FOODSTORES
ISLE OF WIGHT
RATING APPEALS
REDUCTION
SUPERSTORE