000 02278nam a22002897a 4500
008 250415t2025 xxk|||||o|||| 00| 0 eng d
020 _a9781783215416
041 _aeng
110 _aRoyal Institution of Chartered Surveyors
245 _aValuation of licensed leisure property (including public houses, bars, nightclubs and restaurants)
_h[Electronic resource]
250 _a2nd
260 _aLondon,
_bRoyal Institution of Chartered Surveyors,
_cApril 2025
300 _a40p.
490 _aRICS Professional Standard
520 _aThis UK professional standard covers the valuation of licensed leisure property (including public houses, bars, nightclubs and restaurants) and is effective from 1 June 2025. The standard should be considered in conjunction with the current edition of Red Book Global Standards, particularly VPGA 4. This standard replaces The capital and rental valuation of public houses, bars, restaurants and nightclubs in England and Wales (2010), which is now withdrawn. This 2nd edition was developed through consultation with relevant industry stakeholders including tenants and owners of licensed leisure property, as well as industry groups and valuers. In a specialist market such as licensed leisure property, the provision and consideration of professional advice can be complex and RICS recommends the use of a qualified professional. Due to regulation relevant to certain parts of the market, it is recognised that this professional standard may also be of interest to non-valuation professionals. Therefore, an introductory section is included at the beginning of the standard specifically for this audience.
650 _aLICENCED PREMISES
650 _aNIGHTCLUBS
650 _aPUBLIC HOUSES
650 _aRESTAURANTS
650 _aVALUATION
651 _aEngland
690 _aValuation
_96273
710 _aRoyal Institution of Chartered Surveyors
856 _uhttps://www.rics.org/content/dam/ricsglobal/documents/standards/Valuation-of-licensed-leisure-properties_2nd-edition_April-2025.pdf
_zView the standard on RICS.org
856 _uhttps://www.rics.org/profession-standards/consultations/valuation-of-licenced-leisure-property-2nd-edition
_zBackground and FAQs to the standard
942 _n0
999 _c122138
_d122138