SALE OF SHOP PREMISES
- —♦ An application by the estate of Morgan O’Brien (Mr P. Wjw Williams) to sell shop premises on perches at 416 and 416 A Colombo stEW to Tucks Ltd. was approved by toe Urban Land Sales Committee yew* day, conditionally on the price Dg reduced from £3200 to £2525 Crown valuation was £2175 wnjj* the vendor, Mr C. E. Hoy valued w property at £2670. Mr N. HCrostie’s valuation was £2680. Mr Hoy stated that a shop on other side of the street had been saw for £3250, the vendor’s valu ‘ dlon Wl w the land being £55 a foot. Mr n. held that the section in the P reK j application was on the better Bide « the street for business, and that wg was a difference of £lO a foot m « land value. Mr McCrostie agreed the left-hand side of the road on way from Cathedral square was better side for retail business.
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Press, Volume LXXXII, Issue 24902, 15 June 1946, Page 8
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157SALE OF SHOP PREMISES Press, Volume LXXXII, Issue 24902, 15 June 1946, Page 8
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