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
690 _aVALUATION-CASE LAW
942 _n0
999 _c65870
_d65870