VAL-2024-0012
DraftUnit 3, Sheffield Business Park, S9 1EP
Valuation Summary
Market Value
£1,450,000
Basis of Value
Market Value
IVS 104
Valuation Approach
Comparison Method
Property Details
View PropertyAddress
Unit 3, Sheffield Business Park
S9 1EP, Sheffield
Property Type
Industrial
Tenure
Freehold
Floor Area
12,500 sq ft
EPC Rating
BRate Applied
£116.00/sq ft
Comparable Evidence
3 transactionsAssumptions & Caveats
General Assumptions
- The property has good and marketable title.
- The property is free from onerous restrictions, easements, or rights of way.
- All necessary statutory consents are in place for the current use.
- The property is not subject to any unusual or onerous outgoings.
- No contamination or environmental issues affecting the property.
Special Assumptions
- Valuation assumes completion of proposed extension as per planning permission reference 2025/0123.
Caveats & Limitations
- This valuation is for the stated purpose only and should not be relied upon for any other purpose.
- The valuation excludes plant, machinery, and fixtures which are not landlord's fixtures.
- We have not carried out a structural survey or tested any services.
Compliance Status
VPS 1: Terms of Engagement
Terms agreed 8 Jan 2026
VPS 2: Valuer Competence
RICS Registered Valuer confirmed
VPS 3: Basis of Value
Market Value (IVS 104)
VPS 4: Investigations
Inspection completed 10 Jan 2026
VPS 5: Report Format
RICS compliant format
IVS 101: Scope of Work
Defined in ToE
IVS 102: Investigations
Desktop and physical inspection
IVS 103: Reporting
All mandatory disclosures included
IVS 105: Valuation Approaches
Comparison method applied
Conflicts of Interest
No conflicts identified
Special Assumptions
Review required - special assumption added
Caveats & Limitations
Standard caveats applied
Instruction Details
Purpose
Secured Lending
Client
Sheffield Mutual
Addressee
Sheffield Mutual Building Society
Date of Instruction
8 January 2026
Valuation Date
15 January 2026
Report Due
20 January 2026
Valuer
James Smith MRICS
RICS Registered Valuer