Measurement Level 2 Flashcards
(35 cards)
What was your high street retail example?
Boots, Hainult
Why did you measure on an NIA basis?
Market standard for lease renewal
There is no International Property Measurement Standard for retail.
Focus on usable space
In line with RICS Code of Measuring Practise
What is the zoning method?
It is NOT a measurement method or a valuation method it is an ANALYSIS method to enable comparison of shops in terms of zone A – ITZA.
Why do you use zoning in retail?
Because the value of floor area decrease the further back you go
What is a Zone A?
The first 6.1m (9.1m) of a shop unit
The most VALUABLE
Basic principal of zoning?
Halving back in zones, so zone B is half as valuable as zone A and zone C is half as valuable as zone B.
Would you zone a large shop?
No - market standard
Excessive zone A can distort a valuation.
What did you include in the NIA for the retail unit?
Shop unit usable area
Store cupboards
Kitchen
Retail office
When would you use NIA for offices?
When requested by the client
What does the NIA exclude for retail?
WC
Boiler/plant room
Structural walls
Columns
How did you reach the shop fit out?
Managed to reach the structural wall with the laser
How would you try and reach the shop fit out?
- Remove a ceiling tile
- Try and get behind any partitioning
- Inspect the basement of first floor to see the actual build width
- Scale from floor plans (having taken on site measurements)
Where might you have 9.1m metre zones?
Oxford Street and Regent Street
What are the typical zoning assumtptions?
A/1
A/2
A/4
A/8
A/10
How did you account for ancillary and store space? How else could you?
£2.50 flat rate - as per comps
Can also zone ie A/10, A/16, A/20 depending on the value
What zones and ancillary measurements were there?
Zone A, B and C
Store x3
Kitchen
What are the pros of a laser measure?
Compact
Fast
System Memory
one Man Job
What are the cons of a laser measure?
More expensive
Need steady hand
Need batteries
No good for short distances
Solid target needed
Reflective surfaces are difficult
Maximum range of 80 m needs calibrating
What is the common scale for a building plan?
1:100
What is a scale?
Ratio of the length in a drawing to the length of the real thing.
How did you measure using scale ruler?
- check the scale
- use a ruler with scale on
- align the ruler with the zero mark of the scale
- take measurements with correct scale
eg id 1:100, if measurement = 5cm then
5m * 100 = 500m
What was your PBSA measurement example?
Kings Cross urbanest
What was the purpose?
Accounts Valuation
Why did you note the measurements on the plan beforehand?
To be able to cross reference on site
