Business premises renovation costs

I understand that business premises renovation costs can be capitalised as long as it's brings the premises to a useable condition.

Is this true for costs incurred in converting an abandoned council property to a nursery?  Total costs = £45K

Also how should we accounting for capital allowance - FYA, etc.  Does this fall under IBA??

These expenses where incurred between 2006 & 2007.

I confirm that the premises does not qualify for BPRA.

Thank you