Land Valuation Appeal:- This was an appeal by the assessor against a decision of the Valuation Appeal Committee at Edinburgh dated 13 March 2008 relating to the respondent's public house, the World's End, at 2-8 High Street, Edinburgh. The subjects were entered in the Valuation Roll at the 2005 Revaluation at a net annual value and rateable value of £51,000. The respondent appealed against the entry and the V.A.C. allowed the appeal to the extent of substituting £47,000. Here the court ...
|
Land Valuation Appeal:- This was an appeal by the assessor against a decision of the Valuation Appeal Committee at Edinburgh dated 28 February 2008 relating to the respondent's licensed premises at 47 Buckstone Terrace, Edinburgh. The subjects were entered in the Valuation Roll at the 2005 Revaluation at a net annual value and rateable value of £84,700. The respondent appealed against the entry and the V.A.C. allowed the appeal to the extent of substituting £81,000. Here the court cons ...
|
Appeal – Practice and Procedure/expenses. Net annual value (NAV) assessed by assessor. Basis of valuation disputed by appellants. Valuation had been based on turnover figures for 48 weeks period to 24 January 2004. The premises were acquired on 14 March 2003. The assessors revalued the property based on period 31 March 2004 to 31 March 2005 at NAV of £41,000. Considered, on these figures whether turnover figures sustainable. Appellant based own valuation ...
|
Lands Valuation Appeal Court – Valuation Roll. Valuation of net annual value (NAV). This case was about a public house acquired by the appellant who appealed against an entry in Valuation Roll on the basis that it was too high. Tone date for entry was 1 April 2003. Public house acquired in July 2005 and local Valuation Appeal Committee refused appeal. Considered methods of valuation. The valuation assessed on “hypothetical achievable turnover” at tone date rather th ...
|
Lands Valuation Appeal Court – Court of Session – Appeal of Valuation Appeal Committee decision. Assessor valued public house at net annual value (NAV) of £15,100. That figure appealed by appellant to Valuation Appeal Committee who refused. Their refusal appealed. Matters discussed were methodology of assessor and appellant in arriving at valuation figure. Landlord and Tenant had entered into transaction at date near initial assessment. Disputed whether turnov ...
|
| 1 |