Citrus building

Introduction

The Citrus Building is a modern mixed-use development build in Bournemouth, constructed around 2020, the scheme is an architecturally imaginative building containing 64 flats and a commercial ground floor unit which is currently utilised for restaurants and bars.

Our Approach

Bennington Green were appointed to complete a valuation for the rebuild cost of The Citrus development, for insurance purposes. We undertook a site inspection to determine an accurate figure for the property’s reinstatement value, during this visit all features were noted including the property location, the building construction and design, the general topography, boundary treatments and any specialist site features. The properties gross internal floor area (GIFA) was calculated using property dimensions together with information obtained from Ordnance Survey. Measurements for the external areas, boundary treatments and the GIFA were then multiplied by the current rates sourced from BCIS to determine an accurate rebuild cost for the building.

Client

Business Owners

Sector

Commercial

Main Expertise

Project Management