|
AN BINSE LUACHÁLA Mary O'Neill APPELLANT RE: Hotel at Map Reference 57 Bride Street, B E F O R E JUDGMENT OF THE VALUATION TRIBUNAL By Notice of Appeal dated 9 May 2002, the appellant appealed against
the determination of the Commissioner of Valuation in fixing a rateable
valuation of €444.00 on the relevant property described above. The
Grounds of Appeal as set out in the said Notice of Appeal are that: This appeal proceeded by way of an oral hearing, which took place on the 11th December 2002, in the Council Chamber, Galway City Council, Galway. The appellant was represented by Mr. Owen Hickey, B.L., instructed by O'Reilly & Co., Francis Street, Galway. Ms. Sheelagh O Buachalla, BA., ASCS., a Director of GVA Donal O Buachalla gave evidence on behalf of the appellant. The appellant, Mrs. Mary O'Neill, also gave evidence. Ms. Sean Quinn, BL., instructed by the Chief State Solicitor, represented the Commissioner of Valuation. Mr. Colman Forkin, BSc., MRICS., ASCS., MIAVI, Surveying, a District Valuer in the Valuation Office, gave evidence on behalf of the respondent. Both parties to the appeal provided written précis of evidence to the Tribunal and exchanged them with each other in advance of the oral hearing. This evidence was supplemented by additional evidence obtained either directly or via the cross-examination process including photographic images taken of the interior of the hotel provided by Ms. O Buachalla and copy O.S. maps, photographic images of the external elevations of the Lady Gregory Hotel (Comparison No. 1 on the respondent's submission), and extracts from the 1993 and 1998 Bord Fáilte Accommodation Guides, and the 2001 Irish Hotel Federation, Hotel and Guest Houses Guide. From the evidence so tendered the following relevant facts either agreed or so found emerged as being material to this appeal. The Property The total gross external floor area was agreed between the appellant and respondent at 2,418 sq. metres. Location Accommodation Bord Fáilte classification: 3 Star Tenure History The Appellant's Evidence In cross-examination, Ms. Quinn BL for the respondent made reference to the re-grading of the hotel from a former Grade B to the current 3 Star and contended that Grade B would broadly represent the equivalent of 1 Star in 1992/93. Mrs. O'Neill on the other hand asserted that Grade B would approximate to a 2 Star classification or rating. Ms. Sheelagh O Buachalla, having taken the oath, adopted her précis
as her evidence-in-chief and summarised her submission. Under examination
by Mr. Hickey BL, Ms. O Buachalla summarised the history of the subject
property and drew attention to the respondent's photo images of the Meadow
Court Hotel, being the only comparison property, save the subject, noted
in her submission. She expressed the view that the images served to underpin
her contention that the Meadow Court Hotel, though a comparison, is clearly
different in nature, style, design and purpose to the subject. Ms. O Buachalla
stated that the Meadow Court is a much better hotel than the subject premises
and does not suffer from the piece-meal development characteristics of
the subject. She also reviewed her valuation indicating that in her view,
turnover is an important factor in this case. By extrapolating turnover
only using the shortened accounts method, and adjusting the 2001 figure
by the Consumer Price Index back to 1988, Ms. O Buachalla calculated an
appropriate NAV of €48,032 producing an RV of €240.00. These
figures were based on a copy of Certified Accounts attached to Ms. O Buachalla's
submission, prepared by Gorman McNamee & Company, for the year ended
30th June, 2001. As an alternative, she also offered a square metre basis
of valuation as follows: Ms. O Buachalla concluded that a fair Rateable Valuation, having regard to the above calculations, would amount to the average of both or €269.00. Ms. Quinn cross-examined Ms. O Buachalla. She contended that the addition of the most recent 10 rooms increased the value of the overall property. Ms. O Buachalla acknowledged same but indicated that in her opinion, such an increase would be very limited and that the new rooms, though complying with planning conditions, are configured and designed in a less than optimal manner, being long and narrow, served by a series of corridors and stairs making it a property difficult to compare to modern, purpose designed complexes. Mrs. O'Neill also contributed her views on the three Comparisons noted below proffered by the Valuation Office and attached as Schedule 1 herein. She felt the Lady Gregory Hotel should not be considered as an appropriate comparison as it is a more modern complex with a large Reception and Lounge, capable of serving the needs of and greeting large groups such as weddings, etc., and catering to residents' requirements, whereas her premises, being a former Georgian style house, lacks same. Mrs. O'Neill also referred to the Lady Gregory Hotel, as a modern purpose built and refurbished structure benefiting greatly from extensive on-site parking and large reception and function areas. She went on to describe the benefits in her mind attributing to the operations of the Oyster Manor Hotel, i.e. Comparison No. 2, with its large ground floor facility, as different from her own Hotel and the considerable functions business conducted at the Oyster Manor Hotel. Ms. O Buachalla reiterated these points, highlighting in her opinion the superb Lobby, Restaurant, Bar and Function room, and the excellent layout and floor plan, that taken together with the extensive parking, represented a considerable improvement over and above the subject. In reference to Comparison No. 3, being the Meadow Court Hotel, Mrs. O'Neill explained that the management of this premises exploits its location and design with an extensive number of functions and weddings held there, served by a large reception area. Respondent's Evidence Total floor area = 2419m² @ €36.74 = €88,883.74 Referring to Schedule 3 attached herewith being his Comparisons commencing with Comparison No. 1, the Lady Gregory Hotel in Gort, he informed the Tribunal that the structure was reconstructed in 1994 from a derelict condition. It is a complex comprising of approximately double the gross floor area of the subject and was formerly the site of a secondary school. Mr. Forkin noted that it is also a 3 Star Hotel containing 48 en-suite bedrooms and in preparing his submission for the subject, he calculated an appropriate quantum allowance. In addressing his Comparison No. 2, the Oyster Manor Hotel in Clarinbridge, Co. Galway, he informed the Tribunal that it was a former convent converted to a hotel in the late 1990's, is now 3 Star with 26 en-suite bedrooms and was valued in 1997. His Comparison No. 3, the Meadow Court Hotel in Loughrea, a comparison in common with both appellant and respondent, is located 3 miles from Loughrea, off the main Galway Road, in a set-back position and also has a 3 Star grade. It was valued in 2000. Mr. Forkin offered the view that the values of each of the properties had improved considerably in recent years and he submitted that he had chosen his specific comparisons because of their proximity to the subject and their common Bord Fáilte 3 Star grading. In cross-examination, Mr. Hickey queried why Mr. Forkin had emphasised the previous nature and purpose of his comparisons e.g. school and convent, in apparent derelict states. Mr. Hickey submitted that same would have little effect on the NAV but Mr. Forkin emphasised that major structural and improvement changes were required on those properties to achieve operating hotel layouts. Mr. Forkin also indicated that the value of the lift in the subject was calculated into the RV and that a quantum allowance had been made by the respondent taking account of the more recent extensions, but that in his view, the overall hotel had improved in value when all the additional works were completed. Mr. Hickey challenged the increase in value adopted by the respondent on the older non-refurbished areas of the hotel and contended that the respondent did not apply the quantum principle on such areas. Mr. Hickey submitted that the current assessment amounts to approximately €6.00 per sq. metre, greater on the subject when compared to the Meadow Court Hotel. Mr. Hickey expressed the view that the 3 Star re-grading was the primary reason why the Valuation Office applied such an increase. Findings 1. The subject premises is clearly disadvantaged by scale, layout and location when compared to the common comparison adopted by both parties, i.e. The Meadow Court Hotel. There was no clear evidence provided by the Valuation Office confirming the application of a quantum allowance on the total floor area of 2,418 m² 2. It appears appropriate to this Tribunal that an approach to Valuation in circumstances such as this, would necessitate an allocation of values to areas within the complex, specific to their use and age. From the submissions made by the Respondent, it is not clear that such an approach was adopted. Whereas it seems unusual that the appellant referred only to her own premises, and one other for comparative purposes, it similarly surprises the Tribunal that the Comparisons No's 1 and 2 employed by the Respondent, are properties which appear to have undergone not merely refurbishment, but essentially conversion and substantial reconstruction within recent years, adopting modern hospitality industry design criteria for 3 Star hotels. 3. It is the view of the Tribunal that the foregoing two comparisons are of little assistance to the Tribunal in this case and consequently it has been led to rely heavily on the information supplied by both parties in relation to the Meadow Court Hotel. As the Respondent did not challenge the descriptions offered by the Appellant and her advisors on the Meadow Court Hotel and in particular, its apparent location, modern and functional design, layout, floor plan and considerable surface on-site parking facilities, the Tribunal has concluded that such is an appropriate description. The Tribunal also notes the rate applied of €30.75 per sq. metre, as outlined in the submission of the Valuation Office, during the 00/04 Revision on the Meadow Court Hotel. Accordingly the Tribunal now determines the Net Annual Value of the subject premises as follows: Total Area: 2418 m² x €25.00 per square metre = NAV of €60,450 Say RV €300 and the Tribunal so determines
|