FAIRBRIAR SERVES COUNTER-NOTICE ON AUGUST 18
A note from RALA Freehold Committee Chairman Anthony Howe
Although Fairbriar had until the 30th September to serve their counter-notice, they have done so, perhaps sooner than anticipated, on 18th August. The counter-notice makes no concession in respect of our additional claims to parts of the basement but puts a valuation of £2,327,703 for the acquisition purely for the freehold and excluding the storerooms. This figure is based on the Cadogan Esates v. Sportelli case (explained at the July meeting) and contrasts with their previous counter-notice issued last September when they put a figure on the freehold of £900,000. MORE INFORMATION ON THE FREEHOLD PAGE
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