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Valuations

CPO

At REA O’Shea O’Toole we have in house expertise with specialist knowledge of Compulsory Purchase Order procedure and legislation. We have advised both claimants and acquiring authorities in relation to the acquisition of land and buildings for infrastructural projects and wayleaves for sewerage, water, electricity, gas and other utility pipelines.

We are well positioned to advise on compensation entitlement and any other matters arising on foot of a CPO being served. If the matter can not be finalised by mutual agreement, we can refer the matter to arbitration or on further appeal to the High Court.

We have worked for both acquiring authorities on a number of schemes including, inter alia,

RATING

At REA O’Shea O’Toole our in house rating expert can advise you on all aspects of rating with a view to minimising your rating liability. The Valuation Act 2001 provides for a revaluation of all commercial and industrial property in the State. The process began with the revaluation of properties in the Local Authorities of Fingal, South Dublin and Dun Laoghaire Rathdown. The Dublin City and Waterford City revaluations are currently underway.

A revaluation provides the rate payer with an opportunity to engage with the Valuation Office to insure a fair and accurate rateable valuation is applied to their property. The rateable valuation is based on the market rental value of the property at a prescribed valuation date. In the case of the Waterford City & County Revaluation the valuation date is 28th October 2011. It is important that the matter is addressed in a timely manner as there are strict timeframes and deadlines applied by the Valuation Office. Expert early advice is recommended.

It is proposed that following a Revaluation, all properties within the relevant rating authority will be revalued on a rolling basis every five to ten years. REA O’Shea O’Toole have the relevant expertise and dedicated professional staff to look after your rating concerns now and going forward.

RENT REVIEW / LANDLORD & TENANT

At REA O’Shea O’Toole we have been advising both landlords and tenants on all aspects of lease negotiations including new lettings, lease renewal and rent reviews. We have an extensive database which is constantly updated ensuring that we always have the most up to date and relevant comparable market information available. If required we can prepare expert submissions and represent clients at arbitration.

We have years of experience in all matters Landlord & Tenant related including Ground Rents and applications to purchase the freehold interest in a property. We are familiar with, and constantly keeping abreast of, the relevant legislation and legal precedent required to advise our clients accordingly.