How much is an independent evaluation? (1 Viewer)

[TheParsonsHose]

Could the trust not fund this?

This surely would be a positive move forward with the right media coverage and spin.

 

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[Jack Griffin]

No and no.

There is no need to value anything unless there is an offer on the table.

 

[Sky Blue Pete]

Yep don't get this independent valuation stuff at all. It's value is the middle of what someone is willing to pay and what the owner is willing to accept.

 

[skybluericoh]

I'll do it for free, £32.23 Million for a 100 year lease. £120 Million for free hold. Pay up Timmy

 

[dongonzalos]

CET or CWR
Should arrange it
So it is independent and would give the company involved advertising.

 

[TheParsonsHose]

Middle ground with these two is like no mans land.

 

[simple_simon]

Could the trust not fund this?

This surely would be a positive move forward with the right media coverage and spin.

The Trust would not have that sort of moray and even if they did why does it need doing, SISU should just make an offer.

 

[ArchieLittle]

I dont get this independent valuation stuff either. The value of anything is what the seller is prepared to accept for it.
Someone can tell me my house is worth 100 grand, I say it's 200 grand. It's mine to sell so the answer is 200, not 150 just because it's in the middle.

 

[shmmeee]

This site: http://aldermore.com/media/32721/acm15-0412-200024_v2.pdf says properties worth £2.5-3m costs £4,080 and over £3m is on negotiation. I'd imagine you're looking at well over £5k and as such out of the Trust's reach I'd imagine.

 

[mds]

Surely for an independant to go in and do their thing they would need acces to absolutly everything, would ACL be prepared to give permission, I would imagine its a long winded process, its not just ground value, its a going concern, evrything needs examining time consuming and expensive!

 

[ccfcway]

Plan of action


1) SISU need to offer something for a property
2) Go from there

 

[Rusty Trombone]

The only way SISU can get a return for their investors is to get something cheap and sell it for plenty more, they're in too deep to worry about the odd million here or there. For that reason it's my belief that they aren't interested in paying a realistic price for the freehold, especially as they will also need to buy ACL if they want access to all revenues.

 

[Kingokings204]

CCC wont sell. How many times? Hull city council wont sell to Alam for the same reasons. It cant and wont happen.

 

[Snozz_is_god]

Plan of action


1) SISU need to offer something for a property
2) Go from there

The have made an offer, the offer was £0 as they want it for nothing