Business Details
50+ Years
experience
Expert Property Valuation Services in Gloucester
Established in 1919, TE Teague has built a reputation as specialist Licensed Property Valuers with a commitment to professional and personal service. Our expertise spans tenancy valuations, leasehold assessments, rent reviews, and business rates appeals, supported by three generations of industry experience. Led by Partners Simon Teague and John Keane, we provide nationwide coverage while maintaining strong relationships with solicitors, accountants, and financial advisers to deliver comprehensive solutions.Our focus on client needs extends to inventory valuations, planning viability reports, and property sales on a 'no-sale - no-fee' basis. With a deep understanding of the licensed trade sector, we combine technical proficiency with practical advice to help clients maximise investments and reduce overheads. Our team's decades of experience in valuation tribunals and planning inquiries ensures authoritative representation for complex cases.
Services
Inventory Valuation
Property Valuation
Sales and Letting
Business Rates Review
Rent Reviews
Planning Viability Reports
Details
- Year established: 1919
Highlights and features
- Over a century of specialist experience in licensed property valuations
- No-sale - no-fee basis for property sales and letting services
- Nationwide coverage with local market expertise in key UK regions
- Proven success in business rates appeals and tribunal representations
- Multi-generational family leadership with industry-recognised accreditations
Associations and certifications
- FAVLP
- MCLPVA
- PIRRS
Services
Property Valuation
We provide capital valuations for freehold and leasehold licensed premises including pubs, clubs, and hotels. Our valuations consider market conditions, property characteristics, and trading performance to deliver accurate assessments for sales, purchases, or financial reporting. With specialist expertise in fixtures and fittings valuation, we ensure clients receive precise evaluations that reflect true market value.
Business Rates Review
Our team specialises in business rates appeals for licensed premises, combining valuation expertise with rating law knowledge. We conduct detailed assessments of rateable values, prepare tribunal submissions, and negotiate with the Valuation Office Agency. Recent successes include securing a 30,000 annual saving through reclassification of a property from restaurant to pub use.
Inventory Valuation
We prepare comprehensive inventory valuations for tenancy transfers and lease changes. Our services cover fixtures, fittings, kitchen equipment, and bar assets to help clients maximise returns when exiting premises or minimise costs when purchasing. Valuations support asset registers, insurance requirements, and sales negotiations with accurate documentation.
Rent Reviews
We represent both landlords and tenants in commercial rent reviews, providing market rent assessments and negotiation support. Our expertise includes PIRRS panel referrals and Market Rent Option adjudications. We help clients achieve fair rental agreements through detailed market analysis and specialist knowledge of licensed trade valuation principles.
Planning Viability Reports
We produce detailed planning viability reports for pub closures and redevelopment proposals. Our assessments consider local community impact, competition analysis, and business performance history to meet planning authority requirements. With extensive experience in planning inquiries and enforcement proceedings, we provide authoritative evidence for planning applications.
People
Simon Teague
Partner
With over 40 years' experience, Simon specialises in fixtures and fittings valuations for licensed premises. As the third generation in the family business, he brings extensive expertise in nationwide valuations and asset assessments.
John Keane
Partner
John has 30 years' experience in licensed property valuation, focusing on rent reviews, lease advice, and rating appeals. He serves as Vice-President of The Association of Licensed Property Valuers and contributes to industry standards.
Victoria Teague
Valuer
As the fourth generation in the business, Victoria specialises in nationwide fixtures and fittings valuations. She continues the family tradition of providing expert valuation services for licensed trade assets and property investments.
Questions
What areas do you cover for property valuations?
We primarily cover the South West, South, Midlands, and South Wales, but provide nationwide services for licensed property valuations and related advisory work.
How do you handle business rates appeals?
We combine valuation expertise with rating law knowledge to challenge rateable values, negotiate with the Valuation Office Agency, and represent clients at tribunals when required.
What valuation services do you offer for pubs?
We provide capital valuations for freehold and leasehold pubs, including fixtures and fittings assessments, inventory valuations, and lease review services.
Can you assist with tenancy transfer valuations?
Yes, we prepare detailed inventory valuations for tenancy transfers to help clients maximise investment returns when exiting premises or minimise costs when purchasing.
Do you offer planning viability assessments?
We produce planning viability reports for pub closures and redevelopment proposals, considering local community impact and business performance history.
