Valuation


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Valuation Sheet 2023 Revaluation

Ref No.:

VR23486

Description:

OFFICE

Property Address:

7 COMMERCE STREET, ELGIN, IV30 1BS

Primary Practice Note:

Final Value:

£23,237

NAV:

£23,000

RV:

£23,000

Effective Date:

01/04/2023

Grampian Assessor
234 High Street,
Elgin IV30 1BA

Buildings Value Practice Note: Shops

FloorDescriptionZoneArea (m²)Rate (£/m²)Value
Ground Floor A 65.70 £175.00 £11,497
Ground Floor B 47.10 £87.30 £4,112
Ground Floor B 46.30 £76.35 £3,535
Ground Floor B 28.30 £64.31 £1,820
Ground Floor B 33.50 £60.60 £2,030
Ground Floor C 7.80 £31.41 £245
Ground Floor C 6.10 £28.69 £175
Basement 31.10 £11.25 £350
Basement 32.10 £9.84 £316
TOTAL 298.00 £24,080

Adjustments

DescriptionValue
Adjustment for Size (Quantum) -£843

Final Value £23,237
NAV/RV £23,000
Effective Date 01/04/2023

Additional Information:

Zone Depth : 9.14m

Zone A Rate : £200.00/m²

Please note that this is for information only and should not be reused or sold. This has been prepared solely for the purposes of Non-Domestic Rating and should not be used for any other purpose. It remains the property of the Assessor for Grampian.

The above valuation is an on-line version of the individual valuation adapted to fit a standard presentation. This means that the valuation in some instances is not an exact replica of the calculation done by the Assessor.

No warranty is given and neither the Assessor for Grampian nor Grampian Valuation Joint Board accepts responsibility for any loss sustained as a result of any inaccuracy in the information given.

For enquiries or notification of changes, write to the Assessor at the above address, telephone 01343 619819 or email [email protected].

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