Derek Walker Chartered Surveyors have in-depth knowledge and experience of commercial property and valuation in the Bath area developed since 1974. We sell, let, acquire and value all sorts of business properties including shops, offices, factories, warehouses, hotels, restaurants, investments, consulting and treatment rooms, studios, development opportunities and surgeries. In Bath and the nearby towns of Chippenham, Corsham, Melksham, Trowbridge, Bradford on Avon, Westbury, Radstock, Midsomer Norton and villages in the area.
Services
Our daily activity in the commercial property market provides up to the minute data and a wealth of knowledge and experience to apply to the valuation of property and businesses. As Chartered Surveyors we are governed by the mandatory provisions and guidance contained in the Valuation Standards of the Royal Institution of Chartered Surveyors.
Properties can be let, sub-let and sub-underlet, creating a variety of different legal interests in the same building or parcel of land. The lease is a document setting out the rights and responsibilities of landlord and tenant. A good understanding of the terminology of leases is important in the sale and valuation of the various interests in property.
For anyone with a business tenancy, knowledge of the Landlord & Tenant Act 1954 is vital. Under this Act a lease of business premises will continue on the same terms indefinitely until brought to an end by use of the proper notice. How and when to serve such notice and the considerations that apply in each case are matters upon which expert advice should be sought at an early stage. There is no substitute for good planning and eighteen months from the date set for the end of the lease is not too soon to begin.
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