Test case relating to Lottery funded hereditament

In this test case, Melanie acted for the Respondent in relation to a National Sports Centre hereditament .The issues encompassed, (i) the identity of the rateable occupier and (ii) whether adjustments (and if so the size thereof) should be made at Stage 5 of the Contractor’s basis of valuation to reflect grant funding and flood risk. The results of this case had direct implications for hereditaments which were grant funded.