| 000 | 01639cam a2200253 4500 | ||
|---|---|---|---|
| 001 | ABS63414 | ||
| 008 | 000000n2000 000 0 eng u | ||
| 035 | _a(Sirsi) u110488 | ||
| 245 | _aTelegraph Service Stations Ltd v Trafford BC and Another | ||
| 260 | _c2000 | ||
| 490 |
_aRating and Valuation Reporter _v[2000] RVR 356-364(9) |
||
| 520 | _aLT 24 May 2000. The claimants T sought compensation of £2,937,000 for the freehold interest in a petrol filling station with ancillary facilities. Trafford BC (Y) valued the premises at £1,035,572. The agreed valuation date 3 July 1995 and disturbance compensation was agreed at £20,000. Both parties agreed that the comparison method should be used and that the key factor of such a valuation was the adjusted level of throughput or core volume. The points at issue were: the use of comparables; the trading years for determining throughput; if any reduction should be made for potential competition from a planned rival; the percentage reduction to be taken to reflect T's pricing policy; whether the valuation should be determined by the capital or rental value per gallon; and if the redevelopment of the service station was commercially viable. "Held": the compensation payable was £1,753,375, based on the capital value method. | ||
| 590 | _aABS | ||
| 650 | _aCOMPARABLES | ||
| 650 | _aCOMPENSATION | ||
| 650 | _aJELSON LTD V BLABY DC | ||
| 650 | _aPETROL FILLING STATIONS | ||
| 650 | _aSERVICE STATIONS | ||
| 650 | _aTELEGRAPH SERVICE STATIONS LTD V TRAFFORD BC | ||
| 650 | _aTHROUGHPUT | ||
| 650 |
_aValuation _96273 |
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| 690 | _aVALUATION-CASE LAW | ||
| 942 | _n0 | ||
| 999 |
_c65870 _d65870 |
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