Case Study: Case Study: Probate Valuation for a Vacant Commercial Property in Liverpool
Project Details
- Sector: Commercial
- Scale: Probate Valuation for Inheritance Tax Purposes
- Services: HMRC-Compliant Market Valuation Report for Solicitor Acting on Behalf of Estate
ASL was instructed by a solicitor, acting on behalf of a client’s estate, to carry out a probate valuation of a five-storey commercial property in Liverpool. The building had been vacant for some time, with no recent lettings and evident disrepair, factors that added complexity to the valuation process.
Our experienced team carried out a thorough inspection of the site and provided a market valuation in line with HMRC guidance, ensuring the report would fully support the estate’s inheritance tax reporting obligations. In cases like this, accuracy and compliance are vital to avoid future disputes or delays with HMRC.
Probate valuations require not only technical accuracy but also sensitivity and discretion. They’re often carried out during a difficult time for families, and the properties involved may have been vacant, neglected, or complex in nature. In this case, the solicitor trusted ASL to deliver a clear, accurate valuation that adhered to HMRC guidelines while handling the matter with professionalism and care. Our team’s experience ensures every probate report is compliant, defensible, and handled with the utmost respect for the circumstances.
For more info on what is included in our Commercial Property Valuations, click here.