Retail Rental Valuations

Retail Valuations

Pub Property Valuation

It’s sometimes tough for business owners to know whether the Retail Leases Act applies to their shopfront. Tenants have greater protections under retail leasing legislation, so it’s important to correctly identify whether this applies to your business. Factors such as location or lease term might exclude certain properties.

In establishing the particular value for a locality, consideration will have to been given to the prevailing market conditions, for shops which represent the normal or average size of property for that locality. It will be apparent that evidence relating to quantum, if it exists at all, is not constant and, as such, will vary from street to street.

A new owner has to honour the existing lease of a restaurant. The restaurant industry is segmented according to the level of service customers receive. The restaurant industry is still one of the economy's top performing sectors. Learning the major segments of the restaurant industry can help the valuer when valuations are conducted with existing leases.

The Direct Comparison method of valuation for pubs compares sales on a total quantum dollar basis. This method is generally performed as a check method to ensure the value derived from the capitalisation approach reflects a total quantum value that is within the range of the sales evidence. The gaming machine licences to be considered in valuations.