Latest comments from Gilbert Evans

Advice Note 17: Comparables – Weight of Evidence and the Best Evidence

Do not automatically rely on open market evidence Identifying the ‘hypothetical tenant’ Clear financial benefits with the right approach It is widely known that there is an acknowledged hierarchy of evidence: Open market lettings Arm’s length lease renewals or rent review agreements Expert determinations Arbitrators’ awards A lease renewal determined… read more »

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Garden Centre Demand Remains Strong

April 2017:  As one of the UK’s leading garden centre property experts, Mike Gilbert was commissioned by DIY Week to write an article on what’s having the biggest impact on the garden centre sector.  The good news is that demand is as strong as it has been for years.  Click… read more »

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Advice Note 15: Garden Centre Valuations

It’s all about potential Valuations are related to trade but based on transactional evidence For an accurate valuation, insist on a specialist Garden centres are now established and significant retail and leisure destinations in their own right. However, the approach to valuing garden centres differs significantly when compared with other… read more »

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