Guidance

Compulsory purchase and compensation booklet 2: compensation to business owners and occupiers

Guidance about compensation to owners and occupiers of business premises once a compulsory purchase order comes into force.

Document

Compulsory purchase and compensation booklet 2: compensation to business owners and occupiers

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Detail

This is the second in a series of 5 booklets (revised versions published in October 2004), which explains, in simple terms, how the compulsory purchase system works. If you think you may be affected by compulsory purchase you should read these booklets.

This booklet deals solely with the issue of compensation to owners and occupiers of business premises once a compulsory purchase order comes into force.

This guidance is not a substitute for professional advice. If you think your property may be the subject of a compulsory purchase order you should seek advice from a professionally qualified person such as a chartered surveyor or solicitor, who should be able to advise on your rights and also act on your behalf if appropriate. It is best to seek professional help as early as possible.

The Royal Institution of Chartered Surveyors operates a compulsory purchase helpline which can be contacted on 0870 333 1600. This helpline puts you in touch with experienced chartered surveyors in the local area who will provide up to 30 minutes of free advice.