Phone: +44 (0)114 273 8377

Change Over Procedures

Unless otherwise instructed, we will arrange for a stock taker also to be in attendance on the day of changeover to carry out the wet and dry stock, glassware, crockery and cutlery valuations.

On the actual day of changeover the valuer will re-attend the premises to check that the Inventory remains in-situ, and that all items are in working condition on that day. It is essential that copies of all the relevant Gas and Electrical Safety Certificates are also available on that day, as without which monies may have to be retained subject to receiving such certificates.

Once all the final figures have been calculated, formal Statements of Valuation will be written, which will incorporate a legal notice to be signed by the outgoing tenant that all the items within the Inventory are his/her property to sell and not subject to any rental, lease, hire-purchase or loan agreements.

Finally, the valuer will oversee the financial transaction between the relevant parties. It should be noted that any monies outstanding between the outgoing tenant and the Brewery or Pub Company will be deducted from the final totals.

Best Practice Document

The 'Best Practice Document for Goods and Chattels Inventories Valuations and Change-over Procedures' can be viewed in full by clicking here
 
Headline sponsorship Eat Sheffield Restaurant Awards      |      Viva Las Vegas      |      Sheffield Sevenstone Scheme Revived      |      F1: All the right moves      |      Energy Performance Certificates Available Now      |      Wooden Spoon for Brownill Vickers      |      Headline sponsorship Eat Sheffield Restaurant Awards      |      Viva Las Vegas      |      Sheffield Sevenstone Scheme Revived      |      F1: All the right moves      |      Energy Performance Certificates Available Now      |      Wooden Spoon for Brownill Vickers      |      Headline sponsorship Eat Sheffield Restaurant Awards      |      Viva Las Vegas      |      Sheffield Sevenstone Scheme Revived      |      F1: All the right moves      |      Energy Performance Certificates Available Now      |      Wooden Spoon for Brownill Vickers

When it comes to providing real solutions you're in capable hands
© 2010 BROWNILL VICKERS LIMITED. ALL RIGHTS RESERVED

87