Apse v Newcastle Upon Tyne CC
Apse v Newcastle Upon Tyne CC
- 1999
- Rating and Valuation Reporter [1999] 39(12) RVR 284-298(15) .
LT 15 January 1999. Claimant sought compensation in repsect of the compulsory purchase of the freehold interests in a nightclub. Property was in a dilapidated condition at the valuation date. Valuation based on fair maintainable trade, estimated open market rental value and comparables with nearby nightclubs. "Held" compensation payable was £216,200.
COMPENSATION
Dilapidations
REPAIRS
NIGHTCLUB
COMPARABLES
OPEN MARKET RENTAL VALUE
VALUATION METHODS
FAIR MAINTAINABLE TRADE
LT 15 January 1999. Claimant sought compensation in repsect of the compulsory purchase of the freehold interests in a nightclub. Property was in a dilapidated condition at the valuation date. Valuation based on fair maintainable trade, estimated open market rental value and comparables with nearby nightclubs. "Held" compensation payable was £216,200.
COMPENSATION
Dilapidations
REPAIRS
NIGHTCLUB
COMPARABLES
OPEN MARKET RENTAL VALUE
VALUATION METHODS
FAIR MAINTAINABLE TRADE