In most cases there are two things that our clients need to know before deciding to instruct us. These are typically ’Can we do the job and what will we charge?’
We can value most types of businesses and all types of commercial property. We do not usually undertake the valuation of domestic dwellings for private occupation. We are very happy to discuss a possible valuation with you in order to confirm that it is a job for which we have the necessary skill and expertise.
Whilst most valuation businesses have a notional fee scale, the preference is always to consider a valuation request on an individual basis and to provide an individual fee quote. This will take account of the size and value of the property to be valued and any other relevant factors, which might include its location, whether we have valued it before or whether it is part of a multiple instruction. Purely for guidance, the charge for a full business valuation will typically start at about £1,250 plus VAT, whilst for commercial property valuations the fees are a little lower.
Once we have confirmed that we can undertake the valuation and a fee quote has been accepted we will ask that you confirm your instruction in written format, which can include an e-mail. We will confirm receipt of your instruction, setting out clearly the agreed basis on which the valuation will be prepared.
We will endeavour to undertake the entire valuation process, from the initial inspection of the property, to the submission of our report as quickly as possible. The normal timescale to undertake the valuation of a single business is 7 to 10 working days. In some cases it can be less, whilst if there are delays in being able to visit the property or necessary information is not available, the process may take a little longer.
Once the valuer has completed his report and it has been checked and discussed with a director the report will be ‘signed off’ and dispatched to you on an electronic (pdf) basis.