This standard is currently being updated under a new title Valuation of licensed leisure property including public houses, bars, nightclubs and restaurants. You can find more details and respond to our consultation on the revised standard here. The consultation closes at 23:59 GMT on 14 June 2024.
The 2010 guidance has now been withdrawn. An archived copy of the guidance is available for information only by request from: Knowledge and Information Services, email: knowledge@rics.org.
Valuers are reminded that they need to be aware of the latest market and legal position prior to undertaking work related to this area. Valuation undertaken by RICS members must continue to be done in accordance with RICS Valuation – Global Standards ('Red Book Global Standards')