Bennett v Northampton BC
Bennett v Northampton BC
- 1989
- Rating & Valuation Reporter (1989) 29 RVR 114-120(7) .
LT 20 February 1989 Reference to decide the compensation payable by the council to the claimant on the compulsory purchase of the claimant`s leasehold interest in premises used for a residential estate agency business. LT held that the leasehold interest should be valued as a business and not as a shop; sum awarded was £2,000. A sum of £7,365.78 was awarded for disturbance and compensation for temporary loss of profits was £4,161.25, based on 25 house sales at the average fee for 1972 of 166.45. The claimant had not established a case for permanent loss of profits due to dispossession. Compensation payable by the council was 13,550.
LT 20 February 1989 Reference to decide the compensation payable by the council to the claimant on the compulsory purchase of the claimant`s leasehold interest in premises used for a residential estate agency business. LT held that the leasehold interest should be valued as a business and not as a shop; sum awarded was £2,000. A sum of £7,365.78 was awarded for disturbance and compensation for temporary loss of profits was £4,161.25, based on 25 house sales at the average fee for 1972 of 166.45. The claimant had not established a case for permanent loss of profits due to dispossession. Compensation payable by the council was 13,550.