lisa

Below you will find the answer to the question:

Why does the valuation break down my hotel or guest house into various rooms with or without facilities?

 

Return to previous page

Bed and Breakfast accommodation

Answer:

We break our valuation of guest houses and hotels down by room so that our valuation takes into account the size of the rooms and the facilities.

We adjust the value of letting rooms that are not double bed units by a formula based on their size and en-suite facilities. For example, a single room without en-suite would not let for the same value as a double room with en-suite, so we adjust the valuation to allow for this.

What about residents’ common areas?

We will normally reflect the common areas of guest houses or smaller hotels in the overall valuation of the letting rooms at your premises.

What about my bar/restaurant offering service to non-residents?

We will normally value a bar/restaurant that is open to non-residents separately to the main premises.

 

Related questions and help pages