000			01555cab a2200205 4500
001			ABS37080
008			090401t1986 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u2171
041			_aeng
245			_aPayne v Kent County Coucil
260			_c1986
350			_a0
490			_aEstates Gazette _v280 (6308) 1 November 1986 645(3)
520			_aLT 30 September 1986. Reference to determine compensation payable to plaintiff claimant following the compulsory purchase of his interest in land and buildings which comprised a garage business. It consisted mainly of a petrol-filling station with a small showroom and workshop and a small cafe business. The land was required for highway purposes. It was agreed that when valuing the subject premises it should be assumed that any prospective purchaser would anticipate demolition of existing buildings and redevelopment .The main point at issue concerned the appropriate value to be attached to the volume of sales likely to be achieved after redevelopment. The claimant`s valuer took the view that the site would be attractive to an oil company which would provide modern facilities for the sale of motor fuel with sales shop and fast-food outlet, and that any purchaser could expect to achieve sales of not less than 2 million gallons a year at 1.5 gallons to 1 on capital value basis to give a
650			_aGARAGES
650			_aValuation _96273
690			_aENVIRONMENTAL AND LAND CONSULTANCY-PLANNING AND DEVELOPMENT-COMPULSORY PURCHASE AND COMPENSATION
942			_n0
948			_c04/03/1997
999			_c1309 _d1309