Restaurant valuation worked examples
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This is no different to a standard retail valuation.
NIA (net internal area) figures are adopted.
Zoned rental valuation | |||
---|---|---|---|
Zone A |
401 sq. ft @ |
£115.00 |
£46,115 |
Zone B |
307 sq. ft @ |
£57.50 |
£17,653 |
Zone C |
509 sq. ft @ |
£28.75 |
£14,634 |
Remainder |
1,465 sq. ft @ |
£14.38 |
£21,067 |
Ground floor |
(865 ITZA) |
|
£99,469 |
First floor |
1,042 sq. ft @ |
£14.38 |
£14,984 |
(Less 10% for too big) |
|
|
(1,498) |
Flat (value for staff - unrelated to sublet value) |
|
|
£7,000 |
|
|
|
£119,955 |