Fleurets has a large and highly experienced team of Chartered Surveyors providing expert advice on an extensive range of property matters including public house, restaurant and hotel valuations.
We provide high quality, detailed and technical advice in relation to individual and portfolio valuations for public houses, hotels and restaurants, offering strategic advice and conduct rent reviews on the whole range of leisure based property. We also provide valuations for capital gains tax, business rates, compulsory purchase and investment.
Our considerable involvement with market transactions means our advice is based on direct experience. We are able to provide the highest quality public house, hotel and restaurant valuation services and our unblemished professional record means you can rely on our consultation and can be sure that we will deliver.
We take great pride in our long established professional reputation and are respected members of the RICS, BII, ALMR and AVLP.
Offering a full portfolio of services across all areas of the leisure and hospitality sector, we give you the benefit of our in depth knowledge and experience gained over nearly 200 years.
PUBLIC HOUSE, RESTAURANT & HOTEL VALUATION
Fleurets value everything in the leisure property sector from individual properties, such as a single hotel valuation or individual restaurant valuation, to portfolio valuations of hundreds of public houses, including investments, developments, operational and closed businesses.
We provide valuations for acquisition, for bank security appraisals and complex refinancing projects. We also carry out more specialist reports for inheritance and capital gains tax and for legal or court action.
Our strategic advice and consultancy services are provided to operators, landlords, banks, insolvency practitioners and private equity funds, across all sectors of our expertise.
Whether it is high level valuation work to support a merger or a pre-pack proposal, or an individual secured lending valuation, Fleurets has the knowledge and experience to ensure you receive the highest quality report.
To enquire about our Valuation Services contact - Contact Fleurets
Fleurets is the market leader in landlord and tenant negotiations across the leisure and hospitality sector. If you are a landlord or a tenant and you have a rent review, then Fleurets is able to help.
Whether it is initial advice, a rental value report, dealing with negotiations or a full third party submission to Expert, Arbitrator or via PIRRS, Fleurets has a highly experienced team of Chartered Surveyors who will properly advise and represent you.
To enquire about obtaining a rental valuation or to discuss instructing Fleurets to advise you on a rent review, Contact Fleurets
Fleurets’ business rates consultancy service strives to achieve the best possible results for the ratepayer. Being leisure property specialists we are ideally placed to advise on hotel rates, restaurant rates, public house rates or, indeed, business rates on any leisure property. So whether you run a public house, restaurant, hotel or other leisure business, we will be able to advise you on your rating assessment.
Because we work on a “no win no fee” basis, you can be assured that we will be upfront and honest from the initial stages of review about the merit of your appeal before we proceed.
Rating appeals regarding business rates in the leisure industry generally fall into 2 categories:
1. Compiled List Appeals
This involves challenging the business rates figure in the existing rating list (currently the 2010 Rating List). It is based on the rental value of the property as at the 1st April 2008.
We use our extensive database of market evidence and turnover information to determine whether the rateable value is within the right parameters and if an appeal is worthwhile.
2. Material Change of Circumstances (MCC) Appeals
MCCs exist where a physical change has taken place which has had an adverse effect on the trading potential of a particular operation, which should be reflected in the business rates.
- competition opening in the local area,
- major refurbishments of competition in the local area,
- road closures adversely affecting access to the property, and
- closures of major employers in the local area.
Market Intelligence, Business Rates
A brief guide to non-domestic rating, providing a checklist and outline of the reliefs, exemptions, supplements and multipliers so that you can plan for the financial year.
To discuss the opportunity to appeal your rating assessment, Contact Fleurets
CONSULTANCY & LITIGATION
Fleurets is regularly instructed to provide advice for strategic portfolio reviews and for corporate mergers and acquisitions. We are also frequently asked for preliminary advice for banks and lenders when reviewing business plans or making administration and insolvency decisions.
Many of our personnel are experienced in litigation work and are able to offer a preliminary view of possible proceedings, prepare expert reports and appear as expert witnesses – particularly in respect of appointments in negligence claims.
Some of our senior professionals have helped to shape the standards for leisure property valuations, including a chairman of RICS Trade Related Property Group, playing a fundamental role in the creation of the Pub Independent Rent Review Scheme (PIRRS) and having 5 surveyors on the RICS President’s Panel of Arbitrators and Independent Experts.
The quality of our advice can be relied on due to our flawless record and longstanding reputation. In this we are set apart from our competitors.
To enquire about our consultancy and litigation services Contact Fleurets
Public house closure can be problematic, particularly if the alternative provision of other licensed operations in the vicinity is limited.
This issue has led to the introduction of a Register of Assets of Community Value and Planning Policies. These were set out to help local amenities and are sometimes necessary and helpful, but sometimes they can restrict investment into an area that would replace an unviable licensed premises.
Fleurets is able to provide planning reports that deal with the issues surrounding the viability of public houses and the operation of the appropriate planning policy. The aim of this is to help local authorities, communities, operators and developers to differentiate between the invalid and the valid.
To enquire about our planning report services Contact Fleurets
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