Commercial Property Valuations
As a highly respected and experienced team of commercial property valuation surveyors, we are able to provide a variety of valuations to support different commercial requirements. Our team of RICS Registered Valuers, possess significant local knowledge of current commercial property values in Surrey, London and the South East of England. They follow and meet The RICS Valuation Standards (Red Book) in their valuations.
Areas of our commercial expertise and experience include valuations for:
- Investment properties, including properties owned within a Self-Invested Personal Pension (SIPP) which require regular revaluation.
Commercial Property Valuations for Lending
Mortgage and other lending providers generally require a valuation before they lend money on the security of any property. We take instructions for valuations from Building Societies, Insurance Companies, Banks, Trusts and other Lenders. Our extensive commercial experience and detailed knowledge provides highly informed and helpful valuations to support mortgage applications and decision-making.
Insurance-focused Commercial Property Valuations
We advise on the reinstatement cost of properties for insurance purposes. It is important to bear in mind that the focus here is on the current cost of rebuilding the premises, including outbuildings and external units. The sum to be insured does not directly relate to the property’s Market Value, and as a result our reinstatement cost assessment is prepared specifically for insurance purposes.
Landlord and Tenant Property Valuations
We can provide Landlords and Tenants with valuations to inform Lease formulation and negotiations. The Grillo LLP commercial valuation team often advise on:
- Taking on a Lease – a new Lease or assignment of an existing Lease.
- Rent Reviews
- Surrender and renewal of a Lease.
Taxation-led Property Valuations
Grillo LLP’s commercial property team also support local accountants and solicitors to provide valuations which inform decision-making and compliance with current Stamp Duty Land Tax (SDLT), Inheritance Tax (IHT), Capital Gains Tax (CGT) and Annual Tax on Enveloped Dwelling (ATED) regulations.
Can We Help?
If you would like to discuss our commercial property valuation expertise in relation to an issue or opportunity you are facing, please get in touch with our friendly team of professionals on tel 01483 860600 or by emailing firstname.lastname@example.org
Regulated by RICS