Cases - Hoare v National Trust
Record details
- Name
- Hoare v National Trust
- Date
- [1999]
- Citation
- 1 EGLR 155, CA
- Legislation
- Keywords
- Commercial property – landlord and tenant – rateable value of property – statute required rateable value to be assessed at a sum equal to the rent at which the hereditament might reasonably be expected to be let from year to year – premises required substantial repair - only potential tenant was actual occupier – whether it was correct to assume an over-bid and that the rateable value should be assessed as nil
- Summary
-
An historic building in very poor repair was being assessed for rating. The rateable value was, by statute, to be assessed at a sum equal to the rent at which the hereditament might reasonably be expected to be let from year to year. Evidence was given that the only potential tenant was the actual occupier, the National Trust who, it was said, would have been prepared to make an 'over-bid' and pay a rent in order to obtain a tenancy of the premises for the purposes of the Trust notwithstanding that the costs of repair and administration would make it unprofitable. The National Trust successfully argued that it was not correct to assume an over-bid and that the rateable value should be assessed at nil.