Whether you are an owner, investor or occupier; a reinstatement cost assessments (RCA) will calculate the total rebuild cost of your property for insurance purposes. Typically, these are re-calculated every three years or following significant building alterations with the aim to ensure your investment is appropriately insured at the correct level.
Innes England’s team of highly experienced, chartered surveyors undertake RCAs on a regular basis, often working on annual renewals. We work closely with colleagues in our Property Asset Management and Professional Services departments and third-party services as required to give you a detailed appraisal of the insurance assessment. We have successfully delivered reinstatement cost assessments RCA’s for individual properties through to large property portfolios.
Our aim is to prevent any potential loss in the event of being under-insured, by ensuring you have the correct level of insurance for your property. Conversely, it may save you money if a property was previously over-insured and high premiums were being paid unnecessarily.
Discover the emerging industry trends for the year ahead.
pdf file: 1 MB
DownloadThe Cost Assessments team at Innes England comprises highly skilled professionals, each bringing a wealth of experience and expertise in commercial property. Renowned for their market insights and extensive network, which they leverage to provide the best outcomes for our clients. Please get in touch with them to discuss your needs:
DIRECTOR | HEAD OF BUILDING CONSULTANCY
DIRECTOR | BUILDING CONSULTANCY
BUILDING SURVEYOR | BUILDING CONSULTANCY
ASSISTANT BUILDING SURVEYOR | BUILDING CONSULTANCY
ASSISTANT BUILDING SURVEYOR | BUILDING CONSULTANCY
Explore our case studies to see how Innes England’s expertise has successfully guided clients across various sectors in the property market.
The Challenge: When a 30,000 sq ft former school site in Nottingham went into administration, Innes England were initially appointed to provide an accurate market valuation and were subsequently instructed to dispose of the site. The property’s specialist educational use meant it required a targeted marketing approach to reach the most relevant operators and investors. The client needed clear, evidence-based advice and a well-structured sales strategy to achieve best value within a competitive, but niche market.
The Challenge: Marchdown Holdings undertook a comprehensive refurbishment of six trade counter units at Limesquare Trade Park to reposition the estate as a modern, attractive location for occupiers. The landlord required swift and effective marketing of the refurbished units to secure new tenants and demonstrate early success at the scheme.