Document downloads - Public houses
Available downloads
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Public houses valuation checklist
The valuation checklist for a public house lists items to be considered in an evaluation, split into physical inspection, the documentation, and capitalisation of income.
This checklist is provided as a sample only. It is the user’s responsibility to check and adapt this as necessary to suit the particular instruction and prevailing circumstances. -
The capital and rental valuation of public houses, bars, restaurants and nightclubs in England and Wales
Published December 2010
Formerly VIP 2, The Capital and Rental Valuation of Restaurants, Bars, Public Houses and Nightclubs in England, Wales and Scotland, the former edition is provided on isurv for information purposes only.
Public houses, bars, restaurants and nightclubs are among those types of property generally referred to as trade related property. They are normally bought and sold having regard to their trading potential.
Guidance on the valuation of individual trade related properties in the Red Book (see www.isurv.com/redbook) covers a wide range of trade related properties. It considers the criteria to be adopted by valuers when assessing market value or market rent for an individual trade related property.
This guidance note provides more detailed guidance to valuers with regard to the valuation of a specific group of trade related property, that being pubs, bars, restaurants and nightclubs (licensed properties) that are occupied and trading. Written specifically with regard to the law and practice in England and Wales, it looks at valuation methodology and provides a practical approach to the assembly and interpretation of relevant information. -
Comparable evidence in property valuation (ARCHIVED)
This document has been archived and is available on isurv for information purposes only.
Covering most types of real estate asset, this information paper discusses the use of comparable evidence in property valuation and aims to outline the principles of comparable evidence use, encourage consistency in its application worldwide, address issues of availability and the use of comparable evidence under challenging market conditions and consider the potential sources of comparable evidence.
This information paper also discusses the use of comparable evidence in different circumstances and markets, whether volatile or inactive, as well as in developing markets, where comparable evidence is often more difficult to obtain and less familiar to valuers.
Although applicable to land and buildings used for commercial, industrial, residential, agricultural and associated purposes, this publication does not cover the use of comparable evidence in the valuation of plant and equipment. Business assets or personal property are also outside the scope of this information paper, however, many of the principles described may be relevant to these types of asset. -
RICS Valuation – Global Standards 2017 (ARCHIVED)
This document has been archived and is available on isurv for information purposes only.
The RICS Valuation – Global Standards 2017 took effect from 1 July 2017, the same date as the IVS 2017.
The accompanying Basis for Conclusions explains the rationale behind the more significant changes made in the final version of the Red Book 2017. Specifically, it addresses the main refinements made in consequence of the responses received to the public consultation. It has been produced purely to assist the reader and does not form part of the standards.
Following the publication of the new edition of IVS, an updated Red Book takes effect from 31 January 2020 in line with the IVS.