Briefly outlines the history of the valuation and appraisal oflicensed premises since the 1950s and discusses how the system hasevolved through the course of years in line with market trends. Analysesthe resultant changes in the methods of appraisal in respect of thepublic house and details the several constituents of standard suchappraisal. Suggests that the traditional methodology for this type ofproperty is no longer appropriate in todays marketplace.
Journal of Valuation – Emerald Publishing
Published: Feb 1, 1990