Depending upon the type of property, the reason it is owned and the use to which it is put, valuations may need to be of the property in its Existing Use rather than taking into account potential alternative uses.
In the case of specialist purpose built buildings such as medical premises, the valuation may be of the Depreciated Replacement Cost which is an assessment of the cost of construction with allowance made for obsolescence, wear and tear.
I thank you sincerely for your exceptionally useful help in working out how best to respond to the recent overage buy-out offer, we are very appreciative. I really welcome all the truly excellent professional assistance that we receive in north Dorset with regard to financial matters.
I wanted to thank you very much for all your guidance and help you have given us in getting the approval for the new dwelling on the farm. It is very good news. Your help and input has been the key factor to us getting planning permission.