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Hospital Plan Insurance Services Ltd v Persaud (VO)

Language: English Series: Rating Appeals ; [1998] RA 230-313(42)Publication details: 1998Subject(s): Summary: LT 30 April 1998. H appealed against a rateable value of £135,300 for premises in London W1. H supported an open market rental value of £300 by comparable evidence from other leases in the same building as well as neighbouring heriditaments, and a subsequent reduction to £280 for matters which detracted from the value. The VO referred to settlements with professional surveyors and evidence from similar buildings in the area to arrive at an OMR of £365, "Held" assessment must be reduced to £130,500.

LT 30 April 1998. H appealed against a rateable value of £135,300 for premises in London W1. H supported an open market rental value of £300 by comparable evidence from other leases in the same building as well as neighbouring heriditaments, and a subsequent reduction to £280 for matters which detracted from the value. The VO referred to settlements with professional surveyors and evidence from similar buildings in the area to arrive at an OMR of £365, "Held" assessment must be reduced to £130,500.