000			01782cad a22002055a 4500
001			L143245
008			080418e20071107xxk f v 000 0 eng d
035			_a(Sirsi) u143245
041	0		_aeng
245	0	0	_aSaglam (t/a Jenny's Restaurant) v Docklands Light Railway Ltd _h[electronic resource]
260			_c2007
520			_aACQ/182/2006. The Lands Tribunal had to determine the amount of compensation payable by a railway company (D) for the compulsory acquisition of the claimant's (S) retail premises. The basis was on rent analysis of other leasehold premises in the area, as well as the value added by the property's good location in a town centre, and established goodwill. Held: D's evidence generally preferred. It was not appropriate to make any deductions from a profit rent since a purchaser would be expected to pay the seller the face-value of such a benefit. However, a prospective purchaser would be likely to pay a premium for a prime location. The EBITDA (earnings before interest, taxes and depreciation and amortisation) approach was not the correct multiplier for this type of business, but the reported net profit, with a deduction. It was wrong to include the value of the leasehold interest and capitalised legal fees in the actual written-down value of equipment. [NB. Transcript unclear on the penultimate point].
590			_aKA
650	2	4	_aSAGLAM (T/A JENNY'S RESTAURANT) V DOCKLANDS LIGHT RAILWAY LTD
650	2	4	_aKLEIN V LONDON UNDERGROUND LTD
651		4	_aEngland and Wales _y1543-
690			_aENVIRONMENTAL AND LAND CONSULTANCY-PLANNING AND DEVELOPMENT-COMPULSORY PURCHASE AND COMPENSATION
856	4	0	_uhttps://www.bailii.org/ew/cases/EWLands/2007/ACQ_182_2006.html _zView the judgment free of charge at www.bailii.org...
942			_n0
999			_c80110 _d80110