Profits method valuation succeeds following further challenge

Gillham, Barry

Profits method valuation succeeds following further challenge - 2006 - Journal of Retail and Leisure Property 5(2) 2006, 162-171(10) .

Deals with the assessment of the rental value of shell condition pub restaurants where located on either retail or leisure parks. Should rental valuation be by reference to either direct floor area comparison or by the profits method? In the virtual absence of market lettings of such properties, how is the limited comparable evidence from rent reviews to be compared and contrasted? Looks at two disputed rent review cases resulting in independent expert valuer determinations. [Taken from journal abstract].


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