000 01757cab a2200301 4500
001 ABS59444
008 090401t1998 xxu||||| |||| 00| 0 eng d
035 _a(Sirsi) u89462
041 _aeng
245 _aSingh & Kaur v Leeds CC
260 _c1998
350 _a0
490 _aRating & Valuation Reporter
_v[1998] RVR 230-241(12)
520 _aLT 3 April 1997. The claimants (S) owned the freehold interest of a property which was at the end of a terrace, which included an advertising sign subject to a licence agreement of £2,500pa. In 1988 the property was severely damaged by fire. In 1993 S commenced refurbishment works, but before these were competed L sought compulsory purchase on the property. L then offered the property for sale, in its current condition, and received offers no higher than £20,000. In 1995 the property was destroyed by fire. In claiming compensation for compulsory acquisition, S claimed £120,814, based on the zoning method of valuation; assuming total reconstruction value at the time of the acquisition order, and taking into account reconstruction costs and advertising rights. The council returned a valuation of nil. "Held" Compensation payable at £35,000, being made up of the value of the property for refurbishment and ammended advertising rights valuation.
650 _aADVERTISING BOARDS
650 _aADVERTISING RIGHTS
650 _aCOMPARABLE RENTS
650 _aCOMPULSORY ACQUISITION
650 _aLICENCE AGREEMENTS
650 _aMARKET VALUE
650 _aRefurbishment
_96264
650 _aSINGH AND KUAR V LEEDS CC
650 _aVALUATION METHODS
650 _aZONING METHOD
690 _aCOMPULSORY PURCHASE AND COMPENSATION-CASE LAW
942 _n0
948 _c04/11/1998
999 _c56601
_d56601