000			01527cab a2200181 4500
001			ABS41543
008			090401t1989 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u30835
041			_aeng
245			_aMayplace Garage (Bexleyheath) Limited v Bexley LBC
260			_c1989
350			_a0
490			_aRating & Valuation Reporter _v1989 RVR 158-164(4)
520			_aLT 24 July 1989. The council compulsorily purchased (M)`s freehold interest, the valuation date being 1 April 1986. The premises were acquired with adjacent land owned by two directors. Compensation for that land being agreed as £135,671. The parties agreed that in the absence of compulsory acquisition M`s managing director would control future use of the sites and if future development of a new petrol filling station should occur M should receive fair and proper apportionment of the value of the combined site. Planning permission was to be assumed for the purpose of arriving at market value. The original station was built in 1960 and had little modernisation. It sold 500,000 gallons pa at the lowest price in the area. Purchasers of new petrol stations capable of a significant high volume of sales would approach capital value by ascribing a unit price to every gallon sold. M therefore claimed compensation on this basis at £1 per gallon for 1m gallons pa less £300,000 redevelopment co
690			_aENVIRONMENTAL AND LAND CONSULTANCY-PLANNING AND DEVELOPMENT-COMPULSORY PURCHASE AND COMPENSATION
942			_n0
948			_c04/03/1997
999			_c20774 _d20774