How do I value a sportsfield with clubhouse with no prospect of changing the purpose of the land?
Asked on Feb 4 2010,
General in Reading |
Technically it is valued on a commercial basis but we have found that selling similar facilties at auction often achieves a much better price. Often people will form their own opinon on the potential of the site and look at it speculatively, but the competative atmosphere of the sale room ensures you get the best possible price.
If I can help further feel free to get in touch
Answered on Feb 5 2010,
The simple answer is it is not easy. You would be best to instruct a commercial surveyor who would be experienced in these matters. There are so many factors such as income if any the current set up generates, how much land their is, the quality of the Buildings, the location and the demand for such a facility. The best method of disposal would almost certainly be by Auction this would maximise and competing interest and cuts out time wasters. If I can help further please contact me.
Answered on Feb 11 2010,
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