Retail property valuation determines the fair market value of shops and showrooms using both the income and market approaches, accounting for location and foot traffic, in line with IVS and TAQEEM's requirements.
Comprehensive valuation of retail shops and showrooms
It covers shops, showrooms, kiosks and retail units inside malls or along shopping streets. We value the unit on its location, frontage, floor area, lease and surrounding footfall, and issue a certified report for sale, purchase, financing or leasing.
Frontage width and visibility from the street or main aisle, proximity to entrances, lifts and anchor tenants, and floor level all drive footfall and therefore the achievable rent. We capture these differences through documented adjustments when comparing the unit with similar units let or sold.
Our valuation covers the unit's real property interest or its rental value, not the business, its stock or its trade name. Selling an operating business calls for a business valuation, a separate discipline with its own methods, inputs and licensing.