Commercial Property Valuation

10 Queen Street Place, London EC4
Multi-let office building, extending to approximately  200,000 sq. ft. subject to a full refurbishment and reletting.
Valued for financial year end reporting and loan security purposes. Approximate value £170 million.

Central Saint Giles, London WC2
Multi-let landmark mixed use office, retail and residential development designed by Renzo Piano and extending to pproximately 400,000 sq. ft.
Valued for fund acquisition purposes. Approximate value £600 million.

45 Grosvenor Road, St Albans AL1
Vacant office building with proposals for refurbishment to provide prime Grade A office space extending to 62,200 sq. ft. The building had residential permitted development rights but is to remain in office use.
Valued for loan security purposes. Approximate value £20 million.

No 1 Kirkstall Forge, Leeds LS5
Newly developed office building providing Grade A accommodation with award winning design and connectivity, multi-let and extending to 110,000 sq.ft.
Valued for year-end accounts purposes.

One Bartholomew Lane, London EC2
Freehold multi-let office building in the heart of the City of London extending to approximately 77,000 sft.
Valuation for loan security purposes. Approximate value of £107 million.

Rom Valley Retail Park, Romford RM7
Retail warehouse scheme comprising four bulky goods units and a detached restaurant unit extending in total to 84,866 sq. ft. Let to Mothercare, Carpetright, Pizza Hut, B&M Bargains and Pets at Home and with underlying residential development potential.
Valued for loan security and year end accounts purposes.

9-11 Langley Court, Covent Garden, London WC2E
A retail store in the heart of the prime retail district of Covent Garden and extending to 2,334 sq. ft. Freehold and single let to Paul Smith.
Valued for acquisition purposes with an approximate value of £7 million.

Aldi & B&M, Bath Road, Worcester WR5
The property comprises two large modern retail units extending to approximately 33,000 sq. ft. Let to Aldi and B&M. Both units are of modern brick built construction with a clad façade.
Valued for audit purposes with an approximate value of £10 million.

East Shopping Centre, Green Street, London E7
A covered shopping centre arranged over ground and first floor levels. The scheme consists of the main centre, a food court and a Souk. In total there are 52 retail units.
Valued for loan security purposes approximate value in excess of £20 million.

Brixton Village and Market Row Brixton
Two large indoor market sites in the centre of Brixton providing hip and trendy retail and restaurant accommodation. Let to a subsidiary of Groupe Geraud and operated as market space.
Valued for year end accounts purposes. Value circa £35 million.

Tesco Site, Morning Lane, London E9
A Tesco supermarket and associated car parking for circa 250 cars.
Valued for acquisition purposes during 2016 in connection with a mixed use development of the site, with an approximate gross development value of £285 million.

Elixir House, 26 Whitby Avenue, Park Royal, London, NW10
A detached, single storey warehouse with three storey office accommodation extending to 77,400 sq. ft. The property is owner occupied.
The asset was valued for loan security purposes. Approximate value £13 million.

Land & Buildings at Ruby Triangle, Sandgate Street & Old Kent Road, London, SE15
The property comprises a total of 18 buildings, on or just off Old Kent Road, providing a variety of uses and development potential. The site extends to a total area of 3.086 acres.
Valued for loan security purposes. Approximate value £48 million.

Units 1 & 3, Glengall Business Centre, London, SE15
The property was constructed in 2007 and comprises part of an estate of light industrial units arranged in two terraces. The units extend to approximately 25,500 sq. ft.and are let to 2 tenants.
The property was valued for loan security purposes.

Bilston Glen Industrial Estate, 42 Dryden Road, Loanhead, EH20
A 2 storey office pavilion, a terrace of 3 single storey warehouse units and another single storey warehouse unit converted to offices extending to a total of 32,643 sq. ft. The property is single-let.
Valued for loan security purposes, approximate value £4.4 million.

Travelodge, 100 Kings Cross Road, London WC1X
Hotel investment extending to approximately 130,000 sq. ft. Let in its entirety to Travelodge on a long term lease.
Valued for acquisition purposes for an overseas investor. Approximate value £75 million.

NCP Car Park and Grosvenor Casino, 78 Mount Street, Nottingham NG1
City centre car park extending to 514 spaces and Casino of circa 24,000 sq. ft. Let in their entirety to NCP on a long lease. Valued for acquisition purposes. Approximate value £22.5 million.

Villa Street Medical Centre, 47 Villa Street, Walworth, London SE17
Suburban doctors surgery arranged on 2 floors and extending to circa 3,900 sq. ft. Let to individuals but subject to full NHS reimbursement.
Valued for accounts purposes. Approximate value £1.5 million.

The Prince of Wales, 48 Cleaver Square, Kennington, London SE11
Traditional Georgian public house with living accommodation above extending to 2,600 sq. ft. Let in its entirety to Shepherd Neame Limited.
Valued for loan security purposes.

“Allsop LLP have carried out valuations for us since the 1990s and they have continually impressed in their ability to understand the complicated property issues that arise in multi-let properties.  Their knowledge of the investor market is also second to none, and we have always had accurate valuations delivered on time, even in high pressure situations when demands on them are at their most unreasonable!”

John A Heller –  Chief Executive, London and Associated Properties PLC

“Allsop have provided the Bank with top class service and advice over the years and we greatly appreciate their commercial approach to providing the bank with the correct valuation. They are very responsive at all stages in the credit process (especially pre credit which is always helpful to ensure no surprises). Clients have remarked on the “value add” they bring and not just transactional valuation work, as they are on the market and are commercially aware due to their best in class auction house.

We are dealing with the same experienced and professional team members consistently and this provides everyone (bank and client) with comfort / certainty of delivery, on a timely basis and this has led to repeat business which is great for both parties. I would not hesitate to recommend Allsop to anyone in the property sector.”

Barry Deasy, Bank J. Safra Sarasin