Commercial Valuations

Learn more about how Centrick’s team of RICS accredited experts can help you get a commercial property valuation.

What Is A Commercial Valuation?

A commercial property valuation is an accurate and instant estimate of the value of your commercial property assets. Much like a house valuation, a commercial property valuation can provide objective insights into the value of a commercial unit based on prices in your area, the quality of the asset and other factors.

Having an accurate and reliable commercial property valuation to hand can streamline the purchase or sale of commercial property and is usually a vital element in the overall process. Aside from supporting the sales process, it also gives you a better idea of how much your assets are worth, which can be useful if you’re looking to expand or invest further.

What is a RICS-accredited commercial valuation?

If you want the most accurate and reliable form of commercial property valuation, you should opt for one that is RICS accredited. Our valuations are carried out by valuers who meet the high ‘Red Book’ standards set out by the institution themselves, with such valuations holding legal precedents, unlike other more basic appraisals.

Where our valuations differ from basic appraisals is that we provide a detailed and informative estimate of your asset values. Many basic valuations – such as online property valuations – simply provide an estimate of the market value. Our certified team go above and beyond to deliver a better product, resulting in an estimate that you can truly rely on.

As a local estate agent with deep experience in the market, we’re able to provide reliable price estimates, using resources such as market trends and property-based data whilst taking into account broader factors such as the commercial property landscape, the local market and even political issues to provide our clients with a valuation. This is why our valuations hold more weight than your standard agency appraisals.

Why can you rely on our commercial property valuations?

At Centrick we carry out ‘Red Book’ valuations for a variety of clients across both commercial and residential sectors including VAS Panel, Method Panel, Connells, Handelsbanken, HSBC, the United Reformed Church, local solicitors, housing associations and accountants as well as private individuals. Our valuations cover a broad scope of areas, including:

  • Information on the overall condition of the unit
  • Where the property is located and its surroundings
  • A description of local taxation and services
  • Property tenure, tenancies and title information
  • An analysis of the local property market – alongside economic factors – and how this will impact the value of your property
  • Market rent and market value
  • Considerations and recommendations

Do I need a commercial property valuation?

You don’t need to be considering selling your commercial unit to require a commercial property valuation. Many commercial valuations are carried out for accounts, loan security, pension funds, and inheritance purposes, where only a detailed RICS-accredited valuation will suffice, as RICS valuations hold strong legal precedence.

Obtaining an accurate valuation of your commercial unit is vital, as this lays the groundwork for your next property decision, and an inaccurate appraisal can be detrimental if you are seeking a valuation for accounts, loans or pension security purposes.

Experts in commercial valuations.` Experts in commercial valuations.

Types Of Commercial Valuations We Provide

Centrick’s team of multi-disciplinary experts can provide professional and considered ‘Red Book’ valuation reports for a number of scenarios:

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Valuations for the purchase of a commercial unit for loan security, often required for banks, lenders and funding institutions

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Insurance valuations to ensure that you are paying the correct insurance premium

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Pension scheme valuations

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Broader property portfolio valuations and as a prerequisite to rent reviews

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Residential RICS valuations for Help to Buy and Shared Ownership properties

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Balance sheet valuations for accounts purposes

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Detailed valuations for tax planning

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Valuations in the event of marriage disputes and ‘business divorces’

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Statutory Valuations for Probate/Inheritance Tax, Capital Gains, Charities Act

Why Choose Centrick?

With deep expertise across all areas of property, Centrick is a truly focused and independent valuation team that delivers commercial value.

Our team of RICS-accredited valuers have worked with commercial landlords, growing businesses and institutions across the UK, garnering a reputation for being one of the best multi-disciplinary property agencies in the country. That’s why we are proud to have been appointed to the panel for major institutions including VAS and Connells, as well as many independent firms, as a trusted provider of commercial property valuations.

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26500
Homes we manage carefully everyday
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200+
Team members on your side
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500+
Communities we look after
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£4bn
Property in our care

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