Services / Commercial Surveys & Valuations

Commercial Surveys & Valuations

The Building Survey Report (RICS)

This is a detailed survey report normally used prior to the acquisition of both residential and commercial property whether it is freehold or leasehold.  It is normally used for commercial property acquisitions or residential where it has the following particular features:-

  • The property is an older period property
  • It is in poor condition and in need of extensive repair and improvement or has been previously extensively altered in the past
  • There are specific plans to extensively alter and extend the property

The survey will involve a visual examination of the elements of the building where accessible with a discussion on each.  

The survey includes:-

  • Information upon the construction and the material used for all the elements
  • Comment upon all visible major and minor faults and their implications
  • Comments upon the presence of dampness and timber defects
  • Comments upon service connections and installation without undertaking tests

The Building Survey does not automatically include a valuation but the surveyor may be able to include this if the type of property is within the surveyor’s area of expertise.  


Limited Inspection

This is a report tailored to suit your requirements. It can take the form of advice on cause, remedial action, further investigation required relating to defects and repair or could be to provide a guide to maintenance planning. In addition it could provide initial advice upon defects relating to workmanship, lack of repair or even legal issues and how they may affect the building.

Common occurrences include advice upon damp, condensation, cracking, boundaries and drainage. Generally, our surveyors will be able to advise whether it is a matter that we can help you with or alternatively guide you towards a specialist that can assist.


Underwood Wright provides valuation services to a range of organisations from banks and insurance companies to other professionals including solicitors and accountants, private individuals and pension funds.  We provide the following types of valuations:

  • Commercial Valuations (retail, offices, industrial)
  • Residential Valuations (owner occupied & buy-to-let)
  • Development Appraisals
  • Trade Related Valuations (leisure, public houses, convenience stores, take-aways and restaurants)
  • Investment Appraisals
  • Personal & Corporate Tax Valuations
  • Private Pension Scheme (Personal & Corporate SIPPs) - Valuations and Rent Reviews
  • Disputes including matrimonial
  • Probate
  • Expert Witness (valuations for Court proceedings)

From our offices in Barnstaple, Bideford & Bude our area of operations cover  West Somerset, Devon and Cornwall.