Doctors and specialists even more so today require expert advice not just in regard to what the property is worth, but as the industry grows, so do the smaller practices. Therefore, expert advice is required to include all types of variances from:
Feasibility of what the project will include i.e. from two practitioners to eleven practitioners. What will the real estate component look like, and can we use it to raise funds? What is the current market rental? Not just a random number selected by your accountant, but a sum reflective of current market evidence and evidence that’s supported if need be within a court of law. Bearing in mind that the property has been purpose built, what do we insure the buildings for? We are thinking of selling the property as an investment. What is the most probable price and what is the best method to dispose of the property, and how do we do it?
The above gives a very concise overview of the many facets of individual property and what First Valuation Group can do in relation to the real estate process.