01480 213811

Residual Site Valuations and Appraisals

WHY BARFORD + CO?

As surveyors, agents and valuers working actively in the local market, we are well placed to comment on market conditions, the demand for commercial land and premises and to make an assessment of supply. This allows us to analyse market trends and advise clients on proposals for development of premises and also to inform decisions on conversion opportunities and potential change of use on existing buildings.

Our intimate knowledge of market conditions allows us to provide considered advice to clients on the options and form of development for both commercial and residential development sites and conversion opportunities.

The Optimum Form of Development – Maximising Value

Our service will advise on the optimum scheme of development and the scale, height and form of the buildings which will be appropriate. Our planning and agency teams will work closely together so that you can be assured that not only will the value of your land be maximised, but that you will have the best possible chance of obtaining planning permission for the scheme of development as quickly as possible. Our development and planning teams are experienced in negotiating with the local planning authorities and our planning department will be able to deal with all planning matters arising following the decision to proceed with an agreed scheme of development.

Project Team Co-ordination

Our development and planning teams will co-ordinate the appointment of the project team, including architects, quantity surveyors, engineers and other consultants.

Valuations and Appraisals

As development options are considered, our development team will undertake market appraisals and valuations of the subject land so that decisions on the way forward can be made. Residual appraisals are undertaken with the help of BOE development software which enables a detailed and accurate view on value and profit to be established together with cash flow projections and profitability analysis.

The Importance of Local Knowledge

Land and property values are primarily assessed by reference to comparable transactions. Our depth of local knowledge and firsthand experience of market conditions is essential to ensure that the value of your site is correctly established in a residual appraisal.

For more information on development advice and consultancy, please contact Phil Halmshaw on 01480 213811 or email phalmshaw@barfords.co.uk

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Royal Institution of Chartered Surveyors


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