Valuations & Professional Services
Valuations
Valuations are needed for a wide variety of reasons, most likely than not for secured lending purposes you intend raising a mortgage. We are accepted by most lending institutions and have experience in valuing commercial property and businesses of all types.
We are also often asked to provide advice to allied professionals such as solicitors, accountants and financial advisors.
Professional Services
A good knowledge of market values, the ability to analyse comparable evidence and an appreciation of the complex statute and case law is essential if landlords and tenants are to protect their interests and either maximise or minimise rents payable. Within the professional team we have experienced commercial rent review/lease renewal surveyors who are able to provide those services:
Rent Reviews
Rent reviews require a full understanding of Scots Property Law, together with case law relating to other rent reviews.
- We will provide clients with initial advice on the justification of an increase before notices have been served.
- Our fees can be performance related to reflect the increase or saving achieved where appropriate.
- We have wide experience in acting as expert witnesses in Arbitration Independent Expert procedures, Lands Tribunal and the High Court.
Lease Renewals
The renewal of a business lease, is complex for those unfamiliar with its provisions and Scots Property Law. We are able to advise both in terms of the statutory protection and also the strength of the parties negotiating position.
- Opportunities can arise for either party to obtain a significant commercial advantage on a lease renewal and it is therefore important for a clear understanding of the strict timetable procedure of notices and counter notices.
- Working closely with our commercial agency department, we have detailed knowledge of the market forces that can determine the terms of a new lease.
Property Taxation
Local Authority rates are normally the largest property tax faced by any occupier of non domestic property - and it is an annual charge.
Through our fourteen local offices throughout the UK we have combined our rating surveyors experience.
In addition we can provide valuations for other statutory tax purposes such as:
- Inheritance
- Capital Gains
- Stamp Duty adjudication.
Click here to learn more about Graham + Sibbald's Recovery & Restructuring Services.
Latest News
Graham + Sibbald scoring high!
25/01/2012Graham + Sibbald scoring high!
Graham + Sibbald is delighted to be one of the leading Chartered Surveyors, according to the CoStar’s Industrial Agency League Table 2010-2011.
Graham + Sibbald is pleased to report strengthening levels of demand for industrial properties throughout the central belt and the northern parts of Scotland. The Inverness office indicates a clear sign of increased activity of transaction of industrial units throughout the Highlands and Islands whilst Aberdeen has witnessed a healthy market for industrial accommodation throughout 2010 and continued into 2011.
We were awarded the thropies for being in the top 5 in the following categories:
Availibilty of Sq ft; Number of Instructions; Disposals Sq ft and Number of disposals.
Simpson Buglass from the Aberdeen office comments: "Aberdeen has witnessed a healthy market for industrial accommodation throughout 2010 and continued into 2011. This period saw Knight Property Group complete its very successful Kirkhill Commercial Park, Dyce with occupation of the c.60,000sqft offshore training and survival centre design and build for Survivex, and letting of c.14,000sqft Unit 3 to Schilling Robotics. The Chancellor’s surprise announcement of additional tax for oil + gas companies late March 2011 put a brake on the market for about eight weeks but activity is up again with disposals achieved across town and increased interest in lower cost units."
Photo: Ltr: Ian Gillies, Senior Partner & Alex Fowler, CoStar UK
Graham + Sibbald sell Georgian town house
19/12/2011Graham + Sibbald sell Georgian town house
Acting on behalf of the Freight Transport Association, Graham + Sibbald, Stirling Office have sold the impressive ‘B’ Listed Georgian Town House at 3 Melville Terrace, on the fringe of Stirling City Centre.
The building had been the Regional Office for the Freight Transport Association for the past 20 years. They have now relocated their Regional Office to Pavilion 1, Castlecraig Business Park, a modern office suite.
Liz Hollands, Fleet & Facilities Manager for Freight Transport Association, commented: “3 Melville Terrace has been purchased by a private individual whose intention is to convert it into a single dwelling. The Freight Transport Association now occupies modern premises more suited to an office function but still within Stirling, which has historically proved an important location from which to serve our members.”
Andrew Peel of Graham + Sibbald`s Stirling Office, was pleased to say: “A good level of interest was shown in this prominent Georgian building, with its many attractive original features and close proximity to Stirling City Centre proving of particular interest to all parties who made enquiries.
Latest Case Studies
Lothian Buses
"We have engaged Graham + Sibbald for over ten years on a variety of activites including rates revaluations, property acquisition and disposals, major building project management, planning applications and general property advise.
The fact that we have continually selected Graham + Sibbald as our advisors in all these matters for so long proves that we are very satisfied with their quality of service, professionalism and expertise."
Lothian Buses, Norman J Strachan, Finance Director
- Department:
- Commercial
- Partners:
- Les McAndrew
ALLIANCE TRUST PLC
"Alliance Trust plc employed the management services of Graham + Sibbald in May 2008 and have been delighted with the level of attention and detail received from the team - both in terms of rent collection and tenant / building issues. I would happily recommend Graham + Sibbald for portfolio management work in the future. "
Alliance Trust PLC, Emma Gilchrist, Investment Manager, Property.
- Department:
- Commercial
- Partners:
- Les McAndrew