VALUATION FOR BRIDGEFORD STREET ENTERPRISES LTD 2
Introduction
The office is situated in Manchester City. The property in which the office is located at
Bridgeford Street in Manchester City. The primary purpose of the valuation of this property is to
establish the market value of the property they propose to purchase to occupy for the business.
The office is situated in a large complex which contains five other similar offices. All the
partition categories of this building are identical in size and design. For example, all offices have
similar dimensions and plans. The building contains twelve offices, eight visitor rooms, five
executive rooms, and four rooms set for operations and maintenance.
The valuation method I would utilize in valuing the building is the sales approach. This
method is also referred to as the market approach. It relies heavily on the most updated sales data
from the comparable properties, for example, other office buildings within the Manchester City.
Bridgeford Street Enterprises Ltd would ascertain the fair market value of the premises situated
within the city to know the estimated market value of the entire building and not just an office.
The method is applicable because it does not have multiple drawbacks, unlike other methods.
The Factors Affecting the All Risk Yields and Market Rents for this Property
The All Risk Yield is a metric used to evaluate the capital value of an investment. It
comprises both net and gross yields. It is utilized when determining the probable risks of an
investment. The metric is also used to assess the market value of a property. ARY is computed
by dividing annual rental income by the value of the property and multiply the results by 100%
(Shapiro, Mackmin & Sams, 2019).
Demographics
Demographics refers to the composition of the population, such as gender, income, age,
race population growth as well as patterns of migration (Shapiro, Mackmin & Sams, 2019).

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