LT 6 March 1991. The council (W) compulsorily purchased T`s interest in a former theatre . The agreed valuation date was 31 March 1990. T had bought the building in July 1985 when local searches had shown no resolution to purchase compulsorily. Planning permission was granted in 1986 for retail units on the ground floor and a recreation area on the first floor. The permission contained a note that the building was in an area which the council proposed to redevelop as a town centre scheme. W resolved to compulsorily purchase all land and buildings affected by the scheme. T therefore ceased work on the building in December 1986 upon informal advice by a council officer that the compulsory purchase was necessary. It was agreed between the parties that the value of the repaired, refurbished and converted premises at the valuation date was £200,000. T put costs of repairs at £50,000 based on estimates received in 1986. W put them at £136,650 based on a detailed inspection as of April 1990