COMPENSATION – compulsory purchase – shops with residential upper parts – whether losses from assumed redevelopment of part of property as a hotel sustainable as a rule 6 claim with rule 2 value assumed to be zero – alternative value assuming residential redevelopment – whether uplift in value to reflect lack of affordable housing provision – condition of order land at valuation date in no scheme world – loss of rent – holding costs – value for existing retail use of remaining part of property – pre-reference costs – held losses from assumed hotel use cannot be claimed only under rule 6 – no uplift in residential values – loss of rent and holding costs disallowed – compensation determined at pounds 634,751
Citations:
[2012] UKUT 107 (LC)
Links:
Jurisdiction:
England and Wales
Land
Updated: 26 May 2022; Ref: scu.462570