000			01812cam a2200241 4500
001			ABS66509
008			030325n2003 000 0 eng u
035			_a(Sirsi) u121733
245			_aYorkshire Traction Co Ltd v South Yorkshire Passenger Transport Executive
260			_c2003
490			_aRating and Valuation Reporter _v[2003] RVR 67-100(34)
520			_aLT 16 December 2002. Claimants (Y) sought compensation for a bus station and offices compulsorily purchased by acquiring authority (S). Open market value was to be assessed under Land Compensation Act 1961 s5 rule 2. Y's valuation of £860 000 was based upon an assessment of what a purchaser would have paid by reference to receipts and expenditure. S's valuation of £671 873 was supported by a depreciated replacement cost valuation. LT held that £782 776 compensation should be paid. Value of land taken was £672 000. No compensation was payable for additional rent on the new premises. Y failed to prove claims for loss of revenue and the cost of advertising to bring back lost passengers. View judgment at www.courtservice.gov.uk/tribunals/lands_frm.htm.
590			_aABS
650			_aYORKSHIRE TRACTION CO LTD V SOUTH YORKSHIRE PASSENGER TRANSPORT EXECUTIVE
650			_aOPEN MARKET VALUE
650			_aRICS APPRAISAL AND VALUATION MANUAL
650			_aBUS STATION
650			_aValuation _96273
650			_aDEPRECIATED REPLACEMENT COST
690			_aENVIRONMENTAL AND LAND CONSULTANCY-PLANNING AND DEVELOPMENT-COMPULSORY PURCHASE AND COMPENSATION
856			_uhttps://www.bailii.org/cgi-bin/markup.cgi?doc=/ew/cases/EWLands/2002/ACQ_191_2000.html&query=Yorkshire+and+Traction+and+Co+and+Ltd+and+passenger+and+transport+and+executive&method=boolean _zview the judgment free of charge at www.bailii.org
942			_n0
999			_c72347 _d72347