Real Estate & Property - Valuation and Investment Appraisal Assignment

Real Estate & Property - Valuation and Investment Appraisal - Assignment Example The opinions stated in the valuation are contingent on the assumptions and limitations stated in Section 5 which also forms an integral part of this report. i. An attached brick building includes a single shop unit consisting of an open plan sales area which includes a retail area which extends to the rear. There is also a large basement. The front of the shop is fully glazed and has a number of display areas for terms of inventory. i. Barking Road is located in a very popular and busy shopping and entertainment area. It has a number of restaurants and numerous other shops along the same road and other roads and avenues which are in close proximity. It is also close to the tourist areas. The building is in good condition. Additionally, Barking Road and the streets adjacent to it are clean and well kept. iii. Several hotels and entertainment venues are located in close proximity to Barking Road and so it is accessible to tourists and locals who use their services. More than a few tourists are therefore expected to patronise the business at the location (Rightmove 2012). iv. The Booby Moore Stand of the West Ham United Football Club is located in close proximity – just around the corner from Barking Road. This makes the location ideal for the current tenant and explains the reason for the longevity of the business. There is also some amount of goodwill attached to the business and the location. Goodwill is the excess of the market price over the combined value of the separate assets. It results from the reputation that the business has gained over the years and its quality customer service that keeps customers coming back. It is this reputation that also attracts new customers. viii. The property is in close proximity to the Upton park tube station which approximately 0.4 miles. Two other stations – East Ham and Plaistow are also within a mile of the property (0.8 and 1.0 miles respectively) (Rightmove PLC 2012). x. The

Adolescence Essay Example | Topics and Well Written Essays - 500 words - 1

Adolescence - Essay Example dards in the very process, adolescents show higher-order reasoning about the self and its qualities, with peer relations taking precedence away from familial relations in terms of assessing personal competence. They, more often than children use social comparative mechanics while evaluating themselves Several areas of the brain undergo transformative realignment during the transition to adolescence. Among the notable structural changes in the brain during this period include a decrease in gray matter in the prefrontal regions of the brain. These anatomical changes referred to in the medical field as synaptic pruning, kicks off the elimination of unused connections between neurons; a process believably underpins the improvements in basic cognitive abilities and logical reasoning. Another important change in the brain during adolescence is the increased dopaminergic activity in pathways that connect the limbic system. Basically, the dopamine receptors become densely distributed within the prefrontal cortex; regions where emotions are processed and rewards and punishments experienced. Dopamine plays a critical role in the judgment of experiences, thus the explanation for sensation-seeking through experimentation. Finally, there is the increase of white matter in the very same prefrontal cortex of the brain during adolescence via a process known as myelination; the process through which nerve fibers become sheathed in myelin for more efficient neural connectivity within the region. This is an important adjustment for higher-order cognitive functions such as weighing of risks, advanced planning among other complicated decisions. To begin with, children basically interact/play with friends within the vicinity of their environment and/those chosen to them by those around them, mostly their parents. To be specific, such friends are usually close relatives or those from the neighbouring families. Such fiends are generally playmates, with no strings for long-term