Commercial property advice
Commercial property decisions are driven by both the asset and the income it produces. Rent, lease terms, covenant strength, condition, location, alternative use and development potential can all affect value, and the correct approach depends on why the advice is required.
Geering Chartered Surveyors provides independent valuation and property advice on commercial and mixed-use assets across Devon and Cornwall. We act for private owners, businesses, trustees and professional advisers, with particular experience where commercial property forms part of a wider or more unusual portfolio.
Commercial valuation
We undertake capital and rental valuations where an independent RICS Registered Valuer is required. Instructions can involve individual units or commercial elements within larger residential, agricultural or mixed-use holdings.
- Capital valuations for defined financial, tax or advisory purposes.
- Rental valuation and lease-related advice.
- Commercial property held within Self-Invested Personal Pensions (SIPPs), subject to the requirements of the relevant scheme/trustee.
- Probate and tax-related valuations involving commercial property.
- Mixed-use and diversified rural property, including commercial units within farms or estates.
- Retrospective valuations where historic evidence is required.
Lease and occupational advice
The terms on which commercial property is occupied can be as important as the building itself. We can advise on rental value, occupational terms and the property implications of proposed arrangements, working with solicitors where legal documentation or interpretation is required.
Where a client is considering a new letting, acquisition or change of use, early valuation input can help identify issues before positions become fixed.
Mixed-use and unusual property
One of the strengths of a multi-sector practice is the ability to deal with property that does not sit neatly in one category. A rural tourism business, nursery, workshop complex or mixed investment may contain residential, agricultural and commercial elements that need to be considered together.
Rather than treating each component in isolation, we consider how the parts interact and select the valuation approach appropriate to the purpose of the instruction.
When might you need us?
- Your accountant, pension trustee or solicitor has asked for a formal commercial valuation.
- A commercial asset forms part of an estate, company or mixed property portfolio.
- You need an independent view of capital or rental value.
- You are considering acquiring, letting or restructuring a commercial property.
- The property combines commercial use with residential or agricultural elements.
Clear advice, proportionate to the instruction
Not every commercial property matter needs a lengthy report. We agree the purpose and scope first, then provide the level of advice the decision requires. Where a specialist building surveyor, planning consultant, lawyer or other professional is needed, we will say so and can work alongside them.