The IBI Group have recently renewed the lease on 498 square metres of sixth-floor office space from
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Frazer-Nash Consulting took 886.3 square metres of office space on the fourth floor from your client on a 10-years FRI lease in 17th Oct 2020 and is currently paying £125,750 per annum in arrears. The tenant has served notice to quit at the end of the lease and you estimate that a twelve months void period is typical under current market conditions for landlords to re-let similar office properties. You are also required to value this property using the hardcore/layer method of valuation, assuming an equivalent yield of 8.25%.
Related Book For
Auditing An International Approach
ISBN: 978-1259087462
7th edition
Authors: Wally J. Smieliauskas, Kathryn Bewley
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