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Article
Publication date: 1 March 1983

ALLAN MULQUINEY and SIMON ALLEN

This paper considers the valuation in 1982 of the freehold interest in an industrial estate. The freeholder has granted a ground lease to a developer who has over a period…

Abstract

This paper considers the valuation in 1982 of the freehold interest in an industrial estate. The freeholder has granted a ground lease to a developer who has over a period of years constructed and let a number of factory and warehouse units. The ground rent is geared to a percentage of the rack rents on review every seven years. The majority of the occupation leases of the units on the estate are on a five‐yearly rent review basis with one unit on a three yearly rent review basis.

Details

Journal of Valuation, vol. 1 no. 3
Type: Research Article
ISSN: 0263-7480

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