Hypothetical review clauses for high bay warehouses - the pitfalls

Sewell, R.

Hypothetical review clauses for high bay warehouses - the pitfalls - 1998 - Rent Review & Lease Renewal 18(2) 1998, 137-139(3) .

Identifies the problems faced by the valuer in the new market of high bay warehousing. Lack of comparables and insufficiently defined terms of construction, specification, facilities, and location of hypothetical buildings, bring difficulties in producing accurate valuations. Proposes an alternative basis for rent review.


COMPARABLE RENTS
HIGH BAY WAREHOUSES
RENT REVIEW
SALE AND LEASEBACK
VALUATION METHODS