I own a ground floor flat and want to extend into the side return. Can you provide a valuation of the premium I will have to pay to the Freeholder?
As with attic spaces, it is important to establish whether the land forming the side return forms part of your demise or whether it is wholly owned by the Freeholder. If owned by the Freeholder, then a premium will be due and we have experience in valuing land in this situation. As with attic space valuations, we are also able to provided negotiations in order to bring matters to a speedy conclusion.