Red Book Valuation: Business Premises
We carried out a Red Book valuation for a medium-sized company. The client needed a reliable, independent valuation to support internal planning and to guide key decisions on the future direction of the business.
We are a Registered Valuer in accordance with the RICS Valuation – Global Standards (the “Red Book”).
Our report sets out the basis of value; the assumptions made; the factors affecting the property, including location, condition, tenure, planning and market conditions; and comparators to justify how we arrived at the Valuation. This information gave the directors a clear, transparent and professionally defensible figure for the value of the premises.
With this information, the client was able to assess the role of the property within the business and consider options such as retention, restructuring, refinancing, expansion or disposal, and make strategic decisions with confidence.
A Red Book valuation is widely recognised by banks, investors, auditors and other stakeholders. It can support business clients with:
