Our detailed commercial property valuations give you a thorough understanding of what your property is worth and how you can maximise value. We go beyond the superficial and aim to provide truly useful advice and recommendations to our clients.
We live in a turbulent world, where nothing is certain. If you or your business have invested in property, you’ll want to know how it is performing. We combine in-depth research into rental and investment markets, with our detailed understanding of the property sector, to offer tailored advice and thoroughly supportable valuations to both commercial landlords and business owner occupiers.
Companies who hold property as an investment, or have it treated as an investment for accounting purposes, will find themselves having to follow the Financial Reporting Council regulations set out under Financial Reporting Standard 102.
FRS 102 requires that property held as an investment is revalued every five years with an interim valuation completed every third year. If there is a significant change in the value of the asset a full revaluation will need to take place for the next reporting period. Bearing in mind fluctuations in the property market it is possible that revaluations may be required more regularly in order to comply.
RICS require a RICS Registered Valuer to complete this type of work. At Paul Rabbette Ltd. we have the expertise to provide commercial property valuations that comply with the RICS standards.
Paul Rabbette, MRICS