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Valuation of Restaurants

Valuation of Restaurants Considers the close regard that must be paid to the legal frameworkwithin which restaurants must operate, particularly town planning,licensing and other statutory controls. Queries the traditional zoningapproach and prefers a more universally applicable overall approach.Concludes that valuation on a direct comparison basis with nearby retailunits often results in a value that bears no relationship to the realityof the market place for a specialised type of property. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Property Valuation and Investment Emerald Publishing

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0960-2712
DOI
10.1108/EUM0000000003301
Publisher site
See Article on Publisher Site

Abstract

Considers the close regard that must be paid to the legal frameworkwithin which restaurants must operate, particularly town planning,licensing and other statutory controls. Queries the traditional zoningapproach and prefers a more universally applicable overall approach.Concludes that valuation on a direct comparison basis with nearby retailunits often results in a value that bears no relationship to the realityof the market place for a specialised type of property.

Journal

Journal of Property Valuation and InvestmentEmerald Publishing

Published: Mar 1, 1991

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