31 Jul 1984
PANHARD LTD v. YEUNG CHUN LEUNG AND OTHERS
- Citation
- PANHARD LTD v. YEUNG CHUN LEUNG AND OTHERS
- Court
- Lands Tribunal
- Case number
- LDPA51/1983
The Tribunal held that compensation is limited to the reasonable cost of reinstating the business in similar alternative premises and consequential losses of shifting; costs actually incurred in fitting out the existing (old) premises may be admissible as evidence of likely reinstatement costs but are not automatically recoverable; the $65,000 payment to take over the tenancy was not recoverable as a setup cost though $11,000 was allowed as the tenant's compensable interest; on review the total compensation payable was fixed at $140,000 (comprising $95,000 for decoration/reinstatement, $34,00…