Valuation & Lease Advisory
Valuation
Whether your interest is for borrowing, accounting, taxation or development purposes, our approach is rigorous and positive, providing you with the formal valuation you need. For greater comfort, all our valuers are Chartered Valuation Surveyors and RICS Registered Valuers, subject to RICS audit.
- Valuations undertaken in accordance with “RICS Valuation – Global Standards, (the ‘Red Book’) and IVSC’s “International Valuation Standards” by RICS Registered Valuers, accredited to the RICS’ Valuer Registration Scheme;
- Development appraisals for residential and commercial schemes;
- Purchase and disposal reports and valuations;
- Statutory valuations including for compulsory purchase;
- Pension fund valuations including for SIPPs;
- Asset, probate and tax valuations including for Inheritance Tax and Capital Gains Tax;
- Valuations for accounts, financial statements and annual returns;
- Rental valuations including those needed for pension and inter-company agreements;
- Rating appeals and rating strategies;
- Expert representation of clients at the rating tribunal and Lands Tribunal.
Lease Advisory
Whether you are an Investor, aiming to maximise your rental return, or Occupier, seeking to minimise your overheads, our Lease Advisory surveyors have the expertise to advise and negotiate the best outcome for you:
Rent Reviews
- Representing Landlord or Tenant, assessing the Rental Value in accordance with the lease, negotiating settlement supported by comparable evidence.
- Acting as an Expert Witness over Dispute Resolution procedures; providing Expert Reports and Replies to an Independent Expert or Arbitrator.
- Calculation and implementation of rent reviews in accordance with changes in RPI/CPI (Retail/Consumer Price Index)
Lease Renewals
- Negotiation of new lease terms at a market rent; with a full understanding of legal processes under the Landlord & Tenant Act 1954. Advising on strategy for ’54 Act excluded lease renewals.
- Working closely with solicitors from agreement of Heads of Terms to completion of the new lease.
- Acting as Expert Witness at Court or PACT; providing Expert Witness Reports and, if necessary, appearance at court.
Lease Restructuring
- Unlocking value through creative lease restructuring and regearing.
We have multi-sector experience across asset classes, including:
- Industrial & Warehousing
- Office
- High street retail, restaurants & leisure
- Roadside retail (drive-thru) & retail parks
- Gyms, healthcare, and alternative leisure such as go-karting tracks/bowling alleys/visitor attractions
We work closely with our agency team, have in-depth knowledge of transactions throughout our primary southeast markets and can act nationwide if the case commands it.