CHALLENGE

A valuation of High House Wedding Venue was required to support the lending to a borrower looking to purchase the property. The borrower, Xenia Weddings Limited, intended to purchase the property and develop the wedding venue further by adding more guest accommodation and enhancing the offering.




SOLUTION

We provided a detailed valuation report for loan security purposes including an assessment of the current trade and the projections following the proposed development. We consider the value of the property on a trading basis and also on a bricks and mortar basis.




RESULTS

The valuation assisted the bank in their lending decisions and Xenia Weddings Limited was able to purchase the property.

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