Considers that the relationship between a propertys tradingpotential and the tenants ability to pay rent is the basis of one ofthe five recognised methods of valuation the profits or accountsmethod. Discusses the basic concept behind the methodology andinvestigates the circumstances under which surveyors currently useprofits within their valuations. Concludes that more discussion betweenvaluers and their clients on how they arrive at their valuations and thedefinitions of value that they use would be beneficial.
Journal of Property Valuation and Investment – Emerald Publishing
Published: Jan 1, 1993