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Commercial

Why Commercial Property Valuation Requires Specialist Advice

· 4 min read · Bluestone Surveyors

Valuing a shop, warehouse, office or leisure property is a different exercise from valuing a house. The factors that drive value are more varied and often less visible.

Income, leases and covenants

For investment property, value is closely related to the income the asset produces, the terms of the leases in place and the strength of the tenants. Reading and interpreting lease documentation is central to the process.

Use, planning and alternative potential

The permitted use of a commercial property, and the realistic potential for alternative uses or redevelopment, can have a significant bearing on value.

Professional standards

Commercial valuations prepared by an RICS Registered Valuer follow RICS valuation standards, providing a documented, independent basis for decisions by owners, purchasers, lenders and advisers.

Related services

This article is general guidance and not advice about any specific property. Please contact us to discuss your circumstances.

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