LT 22 May 1998. The assessment of a multistorey car park forming part of the Marlowes Shopping Centre was determined by valuation tribunal at £158,085 RV with effect from 1 October 1990, and £209,520 RV with effect from 2 April 1992. The parties agreed that 420 car spaces, out of a total of about 1,170 were surplus to requirements. The appellant contended that the use of the hereditament was restricted to that of a shoppers` car park, and produced a £1 RV on a profits basis valuation. The VO defended £132,000 RV with effect from 1 October 1990 and £161,000 RV with effect from 2 April 1992, based on comparables. An issue between the parties was whether the pioneering allowance made at the first material day would apply to the totality of the valuation or be restricted to the valuation of the car spaces which were in frequent use. "Held" the appeals were allowed and the assessment reduced to £100,000 RV with effect from 1 October 1990 and to £132,500 with effect from 2 April 1992.