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Valuing a petrol filling station

Language: English Series: EGCS ; 1989 123Publication details: 1989Subject(s): Summary: In Mayplace Garage (Bexleyheath) Ltd v Bexley LBC , LT 24 July 1989, the claimant sought £500,000 as compensation for a petrol filling station included in a compulsory purchase order. This figure was higher than the figure arrived at by the acquiring authority. The issues in dispute were future gallonage, capital value of the potential of the estimated gallonage, redevelopment costs and the method of apportioning the value of the combined site.
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Item type Current library Call number Copy number Status Barcode
News article London News article WB2532-05 (Browse shelf(Opens below)) 1 Available 16628-1001

In Mayplace Garage (Bexleyheath) Ltd v Bexley LBC , LT 24 July 1989, the claimant sought £500,000 as compensation for a petrol filling station included in a compulsory purchase order. This figure was higher than the figure arrived at by the acquiring authority. The issues in dispute were future gallonage, capital value of the potential of the estimated gallonage, redevelopment costs and the method of apportioning the value of the combined site.