Client’s requirements for valuations vary considerably and require different levels of input and expertise.
Our most common request is from fishery owners looking for an indication of current market value with a view to a prospective sale. Depending on logistics, in most cases, we will carryout a valuation on a no obligation basis. Occasionally there is a modest charge if a valuation is required at short notice or involves significant travel costs.
“Red Book” Valuations have to comply with the RICS Valuation Manual. They are commonly used by most high street banks and building societies. Fenn Wright is on all the major high street banks Valuation Panels and in the last five years we have carried out valuations primarily for loan purposes on fisheries throughout the country for:
•Allied Irish Bank
•National Westminster Bank
•The Royal Bank of Scotland
Valuations can also be required for matrimonial purposes. Fenn Wright has acted as independent experts in a number of cases.
Loss of business, diminution in value caused by pollution, and manmade works also require our specialist skills. We have acted on behalf of the Fish Legal and other private clients in such matters. The majority of cases involve rivers.
Other valuations carried out in the last five years include:
•Potential Compulsory Purchase for road widening scheme
•Diminution in value due to overhead power lines
•Valuation of fishery following partnership dissolution
Over the last 20 years we have collated a unique database of comparables for all types of fisheries and rivers to assist us in our specialist valuation work.
In addition to comparables we regularly analyse business accounts and collate information on rents.
Valuing a fishery involves numerous factors. Every fishery is unique.
If you require a valuation, please fill out the form below.