Any assets owned by a charity, charitable trust or community assets must, before disposal, undergo a formal valuation to ensure that the proposed sale price is the best price achievable for that asset for the benefit of the charity/community.

To comply with the requirements of the act a formal valuation must consider all relevant factors including methods of marketing and advertising in a report prepared by someone acting solely on behalf of the trust/charity.

We have undertaken several valuations of this nature as both a standalone valuation or as a valuation to support sale of an asset which we have marketed and agreed a sale upon.

This is another example where our estate agency and professional sides of our business can work seamlessly to dispose of such assets.