Bellamy and Bellamy v Great Yarmouth BC
Bellamy and Bellamy v Great Yarmouth BC
- 1996
- Rating & Valuation Reporter (1996) RVR 36(2), 41-48(8) .
LT 13 June 1995. G compulsorily purchased B`s freehold interest in buildings (one of which was listed) at 32/33 Baker Street, Gorleston-on-Sea. G retained contiguous property at number 34. B sought compensation of £60,833, treating the subject as two separate units, referring to five comparable properties for rent and yield figures, adding for loss of value to retained land and suggesting delay by G in its acquisition had resulted in the valuation date occuring at a time of reduced demand for commercial property. G assessed compensation at £1 as costs for repair and conversion exceeded market value. "Held" compensation payable at £20,000; market value £17,500 plus £2,500 for severance and injurious affection.
BELLAMY AND BELLAMY V GREAT YARMOUTH BC
COMPENSATION
Compulsory purchase
CONVERSION
FREEHOLD INTEREST
INJURIOUS AFFECTION
LISTED BUILDING
REDEVELOPMENT COSTS
REPAIR COSTS
SEVERANCE
LT 13 June 1995. G compulsorily purchased B`s freehold interest in buildings (one of which was listed) at 32/33 Baker Street, Gorleston-on-Sea. G retained contiguous property at number 34. B sought compensation of £60,833, treating the subject as two separate units, referring to five comparable properties for rent and yield figures, adding for loss of value to retained land and suggesting delay by G in its acquisition had resulted in the valuation date occuring at a time of reduced demand for commercial property. G assessed compensation at £1 as costs for repair and conversion exceeded market value. "Held" compensation payable at £20,000; market value £17,500 plus £2,500 for severance and injurious affection.
BELLAMY AND BELLAMY V GREAT YARMOUTH BC
COMPENSATION
Compulsory purchase
CONVERSION
FREEHOLD INTEREST
INJURIOUS AFFECTION
LISTED BUILDING
REDEVELOPMENT COSTS
REPAIR COSTS
SEVERANCE