000			01766cam a2200265 4500
001			ABS63413
008			000000n2000 000 0 eng u
035			_a(Sirsi) u110494
245			_aPremier Warehousing and Distribution Company Ltd v Leicester City Council
260			_c2000
490			_aRating and Valuation Reporter _v[2000] RVR 351-356(6)
520			_aLT 6 July 2000. P sought compensation for the compulsory acquisition of a warehouse and distribution depot. The issue was the value of building B, a 128,882 sf single storey steel frame and cavity brickwork warehouse with a pitched asbestos sheet roof, the length of which ran a loading platform 3ft 6in high. P put this at £2,319,876 (£18 psf), L at £1,546,584 (£12 psf). Although it was accepted by both parties that the site was contaminated, P claimed that this would not affect the comparables whilst L said that a prospective purchaser would have reduced his bid to the lower end of the range of values. "Held": the compensation payable to P for building B was £1,675,466 (£13 psf) as the L's method of comparison was preferred; the valuation of building B was to be based on comparables which indicated a value of £13.25 -£13.50 psf, subject to adjustment for greater size, contamination and the loading platform.
590			_aABS
650			_aCARBON DIOXIDE
650			_aCOMPARABLES
650			_aCONTAMINATED LAND
650			_aContamination _96231
650			_aDISTRIBUTION CENTRES
650			_aMETHANE
650			_aPREMIER WAREHOUSING AND DISTRIBUTION COMPANY LTD V LEICESTER CC
650			_aValuation _96273
650			_aWAREHOUSES
690			_aENVIRONMENTAL AND LAND CONSULTANCY-PLANNING AND DEVELOPMENT-COMPULSORY PURCHASE AND COMPENSATION
942			_n0
999			_c65872 _d65872