In preparing the valuation we will consider the following components as part of the valuation process.
- Market analysis to include demographics and competitive threats
- Location
- Staffing and overhead structure
- Property size and basis of occupancy i.e. freehold. Leasehold
- Product and business mix
- Contractual information to include NHS elements
- Opening hours
- Financial performance review.
The key stages for the valuation process involve:
- Practice visit
- Review and valuation of property and assets
- Thorough review and analysis of financial and contractual information
- Comparative market analysis
- Delivery of the formal valuation report