High Street A3 - what is the current rental value?
Gillham, B.
High Street A3 - what is the current rental value? - 2003 - Journal of Retail and Leisure Property 3(3) December 2003, 223-236(14) .
Provides a detailed examination of the assessment of rental value of high street bars (A3 operators) in the absence of new lettings evidence, recognising that there is now over-provision of bars in many towns with no new lettings likely to take place for many years. Covers valuation methods that can be used in the absence of open market evidence.of A3 lettings, looking at operators' appraisal, profits method of valuation and turnover per square foot of customer space. Concludes that valuers need to be more sophisticated in their approach to this market. Tables cover an example of operators' appraisal, profit weighting, typical rents and an example of disposal. (Taken from journal abstract).
PROFITS METHOD
BARS
TURNOVER VALUATION
RENTAL VALUES
VALUATION APPROACH
OPEN MARKET RENTAL VALUE
A3 USE CLASS
PROPERTY-COMMERCIAL PROPERTY-RETAIL PROPERTY-RETAIL PROPERTY MARKET
High Street A3 - what is the current rental value? - 2003 - Journal of Retail and Leisure Property 3(3) December 2003, 223-236(14) .
Provides a detailed examination of the assessment of rental value of high street bars (A3 operators) in the absence of new lettings evidence, recognising that there is now over-provision of bars in many towns with no new lettings likely to take place for many years. Covers valuation methods that can be used in the absence of open market evidence.of A3 lettings, looking at operators' appraisal, profits method of valuation and turnover per square foot of customer space. Concludes that valuers need to be more sophisticated in their approach to this market. Tables cover an example of operators' appraisal, profit weighting, typical rents and an example of disposal. (Taken from journal abstract).
PROFITS METHOD
BARS
TURNOVER VALUATION
RENTAL VALUES
VALUATION APPROACH
OPEN MARKET RENTAL VALUE
A3 USE CLASS
PROPERTY-COMMERCIAL PROPERTY-RETAIL PROPERTY-RETAIL PROPERTY MARKET