Inspection - Level 3 Flashcards
Explain a factor identified during an inspection which impacted upon value?
When inspecting an office value significant features would includes
- Raised Floors
- Air conditioning
- Location
- Access
When inspecting a Shop value significant features would includes
- location
- Footfalls
- covenants (qaulity of tenant)
When inspecting an Shop value significant features would includes
- Access to motorway
- Contamination
- Distance to motorways
Kings Cross - How did you determine the walls separating the Workshop were non-structural?
The wall was hollow and dense sound which suggests a partitional wall
Kings Cross - What impact did then being non structural walls have on rating?
Zoning through to the solid wall in terms of Zone A rate.
Talk me through you inspection in Kings Cross
- I carried out a joint inspection of a shop in kings cross with an agent for rating purposes
- The agent included a workshop room as a separate entry in their valuation
- Upon inspection I identified that the workshop was separated by non-structural walls.
- I therefore advised the agent that it should be included within the zoned area. After significant negotiations the agent accepted my approach and withdrew the challenge
What order did you inspect?
- Local area
- External
- Internal
What is zoning?
Zoning is the method used to measure retail units to compare there
values
Kings Cross - What was your advice tot he client?
I advised the client during the inspection that as the wall was non-structural we must zone through it and therefore
Kings Cross - What was the construction of the property
Edmonton - talk through your inspection of the industrial property in Edmonton?
- I inspected an industrial property in Edmonton nor non-domestic rating purposes
- Prior to my inspection, I called the occupier to ensure I have full access to the property. I also confirmed if any PPE would be required as it was an active industrial site
- I compiled with my companies Lone working Policy and ensured I have my safety device with me
- The agent was seeking an allowance for poor access due to there being only one entrance/exit, and an allowance for fragmentation
- Having inspected the property I advised my client that the allowance for access should be accepted due to the nature
- I further advised that a fragmentation allowance was not warranted the wall did not completely divide the building
- It was a partitional wall and not structural
Edmonton - What did you note during the inspection with regards to access?
- I noted the access route in and out
- I looked at the practicality of access to see if lorries would enter and exit.
Edmonton - why did you then advise that the allowance should be accepted?
o Given the fact that there was only one entrance and exit which only had space for single traffic
o Due to the nature of this property the likelihood that there would be heavy good vehicles would be required and insufficient space for large vehicles to manoeuvre
Edmonton - what allowance did you give the access?
10%
Edmonton - What allowance did they want for fragmententation?
5%
Edmonton - Please explain what you meant by fragmented allowance?
The appeallnt was seeking a 5% allowance due to the warehouse being split into two sections by a dividing wall. The agent was saying an allowance should be given for the disability of of the dividing wall.
Edmonton - Why did you not give them an allowance for fragmentation
I didn’t see this as a disability as the wall didn’t completely divide the property and it was a partitional wall and this would therefore unlikely impact upon efficiency