000			01604cab a2200229 4500
001			ABS40883
008			090401t1989 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u26699
041			_aeng
245			_aFife Regional Assessor v Distillers Company (Bottling Services) Ltd
260			_c1989
350			_a0
490			_aRating Appeals _v(1989) RA 71-106(19)
520			_aLVAC 21 July 1988. Appeal by Assessor (F) against LT for Scotland decision determining the assessment of a whisky blending and bottling complex at nav £2,500,000, rv £1,500,000. F contended that the effective capital value of £118 psm applied to the duty free warehouses was insufficient and submitted a figure of £138 psm which when decapitalised at 7% as determined by LT the result did not fit with other comparables. F contended a decapitalisation rate of 8%. The ratepayers (D) also appealed, submitting a decapitalisation rate of 6%, claiming that any tenant of the premises would be of undoubted credit worthiness and would be able to borrow at advantageous rates. The court held: 1) there were no grounds for interfering with the effective capital value rate of £118 psm and 2) there were no grounds for interfering with the decapitalisation rate of 7%; LT were entitled to modify the 8% arrived at having regard to comparables. Also held that the fact that any tenant would be able to borr
650			_aBCIS
650			_aCONTRACTORS PRINCIPLE
650			_aDISTILLERY
650			_aINVESTMENT PROPERTY DATABANK INDEX
690			_aRATING AND VALUATION-CASE LAW
942			_n0
948			_c04/03/1997
999			_c17967 _d17967