The future of our high streets Recently we were walking up to our local high street to post a letter and cash a cheque. I noticed a growing number of vacant units with “To Let” boards up in the windows. Whilst there has always been...
Changes to Use Classes Order In England – How will this affect my business? From the 1st of September 2020 changes to the planning system have been implemented. The changes were made to simplify the complex classification system to make it easier for businesses to adapt in...
Settling a Rent Review When it comes to settling a rent review and both sides are unable to agree, there will be provision in the lease to get the rent determined by a third party. Our suggestions if you find yourself in this situation are: 1....
Welcome to our June blog this month we are focusing on purchasing a business or property with a view to change use. There are many factors that investors must take into account when purchasing a business or property with a view to change use. When applying to...
COVID-19 pandemic has changed the way we are inspecting and valuing property and businesses Here is our guide to how we are inspecting properties and our approach to valuing property and businesses in the current economic climate. We are also following guidance from the RICS. We...
Negotiating terms with your landlord during the coronavirus pandemic We hope this finds you all well and if like us you are working from home, we hope you are keeping busy! This month we have focused on advising tenants that may be struggling to pay their...
Freehold or Leasehold? This month on how much is your business worth, we are discussing Freehold and Leasehold options. When you enter into buying a business it is cheaper if you are purchasing a leasehold property as there is less finance to raise, but you are without...
How much is your business worth? Location, location, location. The location of a business can make it flourish or can cripple it. The one golden rule to remember is: Locate as close to the target market as possible. The target market depends on the type of business...
It's great to be part of some good news! Good news all the way from Kenya. In 2014 JS Reakes sponsored the shirts for a Nailsea junior football team. We didn’t think of the shirts lasting more than a couple of years. We certainly did not...
How do you arrive at the correct adjusted net profit from company accounts? The correct adjusted net profit is the valuer’s assessment of the actual net profit of a currently trading operational entity. It is the net profit that is shown from the accounts once adjustments...
