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
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
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 17th June 1993. Other firms may try to claim that they got there first. Not the case – it was us.
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