// About Brent Forbes
Brent Forbes Chartered Surveyors are Registered RICS valuer. RICS ‘Red Book’ valuations are the de facto standard for commercial property valuation.
A valuation report from an RICS valuer will generally be accepted as realistic and accurate. This is especially important when valuing property or land for probate, divorce or pension funds where legal negotiations may be involved.
When we undertake a commercial property valuation, we look at all factors that affect price such as location, building condition, potential rental income and market data.
So, if you are considering buying, selling, investing in or raising finance on a commercial property or land, you’ll definitely benefit from a valuation from Brent Forbes Chartered Surveyors.
// Chartered Surveyors Since 1990
Our customers range from individuals, through to private companies, PLCs, financial advisers, pension fund administrators, legal firms and property developers. Having a diverse portfolio of clients enables us to understand the dynamic of the market as a whole when undertaking Red Book and other valuations.
// Testimonials
Adrian Richards, April 2024
Edward Bank, July 2024
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// Valuation Services
A commercial surveyor like Brent Forbes Chartered Surveyors can supply you with a valuation report that will generally satisfy legal and taxation requirements. Ask us about:
Read more here about Brent Forbes Chartered Surveyors commercial property valuation services and why you should always use an RICS registered valuer ...
Land valuation – whether for development, equine, agricultural or other use – is a specialist subject. Here, you can trust in the experience of Brent Forbes Chartered Surveyors as a commercial surveyor …
A Red Book Valuation is only available from an RICS Registered Valuer, giving you the security and knowledge that it will be widely accepted by tax and legal bodies …
It’s advisable to use an RICS valuer when arranging property valuation for probate. Probate Valuations can get quite complex, as explained here …
If you own property or land, as part of your SIPP or SSAS, you will need regular land valuation or property valuation. Brent Forbes’ valuation services are ideal for SIPP and SSAS Pension Funds and valuations will normally be accepted by HMRC automatically ...
// Valuation Reports
With many years of local property knowledge, Brent Forbes Chartered Surveyors’ valuation services also extend to other types of property and land valuation reports:
Ransom strips are pieces of land that control access or other rights to a larger plot. These are often used as leverage to increase prices or control development.
Brent Forbes has lots of land valuation experience dealing with matters of this nature – both from a purchasing and a selling aspect. Clients can therefore take advantage of that knowledge if ransom strip valuations are required.
Boundary disputes can be messy and time-consuming for property and land owners. In some cases, they can require a land valuation to be carried out to help settle the dispute.
Brent Forbes can arrange a boundary dispute valuation and with the benefit of our extensive experience in matters such as these, assist all parties to come to a suitable settlement.
Occasionally, backdated valuations for tax purposes can be requested by HMRC. This is where the many years’ experience of a qualified commercial surveyor like Brent Forbes is invaluable.
With extensive local and regional knowledge of the commercial property and land markets, we are able to supply backdated valuations to satisfy these requests.
In more than a few cases, property being sold does not reach the open market but is sold privately. However, it is essential in cases like this that the property is accurately valued. Brent Forbes has lots of experience in off-market acquisitions and disposals.
A valuation report will be required partly for tax reasons and also to reduce the possibility of valuation disputes in the future.
We can help with rent reviews due during the term of the lease or assist with negotiations at the expiration of the lease.
The terms of the lease will usually stipulate how the rent is assessed, for example to the Market Rent, or linked to RPI increases etc, and should also specify the procedure for initiating and concluding the review. After interpretation of the clause, we are able to re-negotiate on a tenant’s behalf, helping to secure the best possible terms for their ongoing business needs.
Usually, we work with a landlord from the outset, carrying out an initial rental assessment to provide a suggested level of rent, negotiating the lease with the incoming tenant and then working on the landlord’s behalf during the lease renewal process.
We would normally advise a Landlord or Tenant to begin to consider the renewal of a lease 6 – 12 months prior to its expiry date. This will allow enough time to take the correct action in order to protect their position and also to ensure that the appropriate Notices are served within the required timescales.
Below we share a few answers to some of our most frequently asked questions
A commercial surveyor like Brent Forbes works mainly in the commercial sector (as opposed to residential property,) supplying a range of valuations for property developers, pension funds, solicitors engaged in probate and private companies that own property. Formal commercial property valuations are essential when dealing with legal and tax authorities to ensure fairness and accuracy.
Land valuation is a complex business and that’s why it’s important to use an expert like Brent Forbes. Many factors need to be taken into consideration, like development possibilities, access, available services, transport links, current and future planning regulations and the state of the local market.
Many commercial properties are purchased as an investment. Therefore the cost of the property, backed up by a RICS valuation can often tell you whether an investment is worthwhile.
Other properties may be the subject of a dispute (matrimonial or boundary disputes are common) so a valuation report by a qualified surveyor like Brent Forbes can form a major part of a settlement, leading to less complications later on.
RICS Registered Valuers and Chartered Surveyors are generally recognised as the professionals who can perform a property valuation. Brent Forbes Chartered Surveyors are highly experienced and suitably qualified to provide you with unbiased, comprehensive and reasoned valuation reports compliant with the requirements of most professional organisations.
The RICS Red Book valuation process is a comprehensive set of criteria that all chartered surveyors must consider.
This standardisation of survey criteria, together with the extensive experience of its qualified surveyors ensures a completely independent valuation that is trusted by all.
As a result, RICS Red Book valuations are normally accepted in legal and tax cases. In the rare event of any dispute with a RICS surveyor, protections are in place to ensure redress if required.
