The importance of professional property valuations
Fenn Wright offer comprehensive commercial property valuation services, acting on behalf of local and national property companies, investors, developers, private individuals and major banks. With a long-standing reputation as experienced Chartered Surveyors in East Anglia, we are well-equipped to provide impartial and professional advice, tailored to your requirements.
Valuations provide you with an accurate reflection of the market value of a commercial property and are carried out by regulated and qualified professionals, by members of the Royal Institution of Chartered Surveyors (RICS). Accurate valuations are essential for making informed decisions and our RICS Registered Valuers adhere to the RICS Global Valuation Standards, sometimes referred to as the ‘Red Book’.
Valuations are key to meeting legal and financial obligations, whether for taxation, acquisition purposes, secured lending, or for financial accounting. Understanding the market value will ensure the optimal outcome and help to avoid overpayment, undervaluation or missed opportunities.
If you are investing in a property or using it as security for a loan, understanding the market value helps lenders to access collateral accurately and gauge potential returns, reducing the risk of any financial losses. A Red Book valuation can help you negotiate better terms, whether acquiring or disposing of a property, or entering a landlord and tenant agreement.
Why choose Fenn Wright?
We pride ourselves on providing expert valuation services tailored to meet the diverse needs of our clients. From retail units to mixed-use developments, we have the expertise to value all types of commercial property:
- Retail units
- Shopping centres
- Supermarkets
- Offices
- Industrial premises, warehouses and distribution centres
- Mixed-use assets, including residential components
- Development sites
- Water and leisure properties
- Land, farms and estates
Our team undertake valuations for a wide variety of purposes, including:
- Acquisition and disposal
- Loan security valuations
- Pension Funds
- Probate
- Financial accounting
- Landlord and tenant matters
- Expert witness reports
- Feasibility and viability
- Taxation purposes – Inheritance Tax Planning or Capital Gains Tax including 1982 and retrospective valuations
Our in-depth market knowledge and use of modern technology enable us to provide precise, credible valuations that reflect current trends and conditions in our region. As one of East Anglia’s most respected property firms, our Valuation team have a deep understanding of the local landscape which gives us a distinctive advantage over larger, national firms.
Every client’s needs are unique, and our approach reflects this. Whether you are a landlord seeking to negotiate rent reviews or an investor considering the purchase of a retail park, we provide bespoke advice and reports designed to help you achieve your goals. By appointing a Fenn Wright RICS Registered Valuer, you can be confident that you are working with regulated and qualified professionals who adhere to the RICS ‘Red Book’ valuation standards.