000			01592cab a2200205 4500
001			ABS43941
008			090401t1991 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u44379
041			_aeng
245			_aGreens Motor Holdings Ltd v Preseli Pembrokeshire DC
260			_c1991
350			_a0
490			_aEstates Gazette _v(1991) 03 EG 139-144(4)
520			_a(REF/30/1989) LT 27 March 1990 Reference to determine compensation payable on the compulsory purchase of former motor-car showroom premises used as a supermarket since 1977. Due to the impending compulsory purchase, the rent review for the five years from September 1987, although set in motion, had not been determined. There were five issues in dispute: 1) rental value at rent review date in 1987; 2) rental value at valuation date; 3) capitalisation rate ; 4) allowance for future roof repairs and 5) whether increased recoverable rent resulting from 1987 rent review was compensatable. LT held that a rent of £50,000 would have been agreed at 1987 rent review and by the valuation date in January 1989, the rental value would have been £55,000. A capitalisation rate of 11% was appropriate and a provision of £30,000 for roof repairs should be made. A further sum of £15,000 should be added to reflect the loss of rent, as 1987 rent review was not concluded because of the imminent compulsory
650			_aCompulsory purchase _96228
650			_aRENT REVIEWS
690			_aENVIRONMENTAL AND LAND CONSULTANCY-PLANNING AND DEVELOPMENT-COMPULSORY PURCHASE AND COMPENSATION
942			_n0
948			_c04/03/1997
999			_c28252 _d28252