What is Zoning?

Описание к видео What is Zoning?

Zoning is the standard method of valuing retail premises. Zoning relies on the principle that the most valuable part of the shop is found to the front of the building. As the depth of the retail unit increases, the floor space becomes less valuable.

Each Zone covers the width or frontage of the building and extends back 6.1m. In valuation terms each zone is half as valuable as the preceding Zone. For example if Zone A is valued at €500psm, Zone B will be valued at €250psm etc.

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