Business Valuations 

 

We undertake valuations from many different sources – individuals, banks, building societies, financial institutions, brewery companies and as Court appointed experts to act jointly between parties, or as expert for one party in Court or Land’s Tribunal.

A valuation is a very careful and considered view of the market worth of an asset, either freehold or leasehold business.  It also includes a look into the future which is the estimate of future trading potential, after a given time of usually 6-12 months.   These definitions are as set out in the Royal Institution of Chartered Surveyors “Red Book” which is also known as a Valuation and Appraisal Manual.   Banks, breweries and building societies specifically require that the rules of the Red Book should be utilised in all valuations  

When you apply for finance or perhaps re-mortgaging, you will inevitably find that the person or organisation that you consult, requires an independent valuation.  This has to be undertaken by a firm which as Chartered Surveyors have a specific skill or specialisation in the valuation of licensed and leisure premises.   We are such a firm.

Fees can vary enormously in the general market for the provision of a standard valuation and business report.   You have to remember that there are a certain number of firms who will only undertake valuations of business for a set and often quite inflated minimum fee charge.  We don’t play that game!

We ensure that our valuation fees are linked specifically to time and effort.  Every case, however, is judged on its individual merits and as market leader in Quality Assurance, we always try to confirm the general level of valuation fees before we start.   As a point of reference, we were the very first firm to obtain Quality Assurance certification on 17^th June 1993.  Other firms may try to claim that they got there first.  Not the case – it was us.

 

TEL: 01454 419900

Cookseys DMP Chartered Surveyors
49 High Street
Thornbury
Bristol
BS35 2AR

Also at Reading London and Cardiff.

Fax: 01454 419156 - E-mail: info@cookseysdmp.co.uk