Water and leisure property advice
Over the past 20 years we have collated a unique set of comparables for the valuation of water and leisure properties; this enables us to provide knowledgeable, market-led valuations on fisheries, lakes, and waterside businesses. In addition, we regularly analyse business accounts and gather information on rents. Valuing water and leisure properties involves numerous factors as every property is unique. If you require a valuation please get in touch.
We offer a range of valuations to suit our clients’ requirements.
- Market appraisals
- Red Book valuations
- Rental valuations (landlord and tenant)
- Desk top valuations (agents only)
We value the following asset types:
- All still water coarse and trout fisheries
- Fishing rights
- Fish farms
- Water sports lakes
- Residential properties with lakes and water frontage
- Leisure properties with water, including holiday accommodation, parks, caravan sites and log cabin developments
- Restored and unrestored mineral workings
RICS Red Book valuations
“Red Book” valuations have to comply with the RICS Valuation Professional Standards. They are commonly used by most high street banks or building societies and by solicitors and accountants requiring a RICS compliant valuation. All of whom we act for.
We undertake Red Book valuations for the following purposes:
- Secured lending
- Matrimonial purposes
- Compulsory purchase
- Expert witness
If you need some advice, please get in touch with our team of water & leisure experts who will be happy to help.
Get in touch with a RICS valuer from the Water & Leisure team to discussion your valuation needs. They will be pleased to provide a quote.
Almost every water-based leisure property, whether a fishery, sailing club, holiday accommodation or water sports venue, will require planning permission to some extent. Usually for change of use, new buildings, dwellings and construction of water features.
Many of the businesses we visit have established themselves, or grown, somewhat organically. Sometimes the need for planning permission for new developments may have been overlooked or may have only been obtained in part.
Often any retrospective planning issues can be resolved. However, if the lack of planning permission does not come to light until a property sale is in the hands of solicitors, a vendor can lose their buyer or face pressure to accept a price reduction.
You can read more about our planning advice services here.
Over the last year the Fenn Wright Water & Leisure team provided technical professional advice including:
- preparing supporting statements for proposed dwellings as part of planning applications, and for certificates of lawfulness
- lease and rent reviews for a large agricultural estate, private land owners and water companies
- business restructuring for an established commercial coarse fishery
- acting on behalf of a fish-farm in a compensation claim against the Environment Agency due to the reduction of an Abstraction Licence
- fishing rights and the potential to claim compensation due to a major infrastructure project - including those potentially affected by compulsory purchase due to HS2.
You can read more about our consultancy advice services here.