Portfolio Valuation – UK Distribution Depots
About this project
We were instructed by a food distribution company, to carry out a portfolio valuation of 10 depots spread throughout the country, to assist with the administration of their company structure.
Once we had confirmed the client’s specific requirements and agreed Terms of Engagement, we inspected each property over a number of weeks to undertake measurements and to familiarise ourselves with the buildings and the local area.
We undertook all due diligence, obtained comparable and investment evidence and assessed each property individually to arrive at an opinion of value.
We were then able to report to our client setting out our opinions of value for each unit which the client could then use to assist them with their business administration.
As part of the valuation inspections, we identified some issues which resulted in our Building Surveying department undertaking surveys for each property to develop a maintenance and repair programme across the portfolio of properties.