In the recent case of Prosser v Ricketts [2024] UKUT 264 (LC), the Upper Tribunal Lands Chamber (UT) had to decide whether barristers’ chambers rooms should be treated as a collective, single unit for business rates purposes,...more
The Valuation Tribunal recently considered the impact of the Rushden Lakes Shopping Centre in Northamptonshire on rental and hence rateable values in neighbouring towns. The opening of the Centre had adversely impacted...more
Question -
I am the FD of a public sector body. We run a museum which does not charge for admission and operates at a deficit, however its contribution to local culture and ability to attract visitors to the area make it...more
No.
The fire corridor is the problem.
In the rental valuation of business premises, there can be increased costs or savings depending on whether two or more units of property are valued individually or together....more
Two years ago the Supreme Court (in the case of Monk) specified how to assess the rateable value of a commercial real estate asset in the UK for business rates where the asset is undergoing works. In a decision published...more