Adding an analysis |
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PD is one of the few database systems available which offers full support for retail analysis, including adjustments and disabilities. It can also be used for analysis of offices, stores and industrial units - though of course these tend to be simpler models than retail.
Adding an analysis can be done through the "Transactions" tab of a property record:
Analyses are linked to transactions. A transaction will normally be a lease event, such as a rent review or letting. A transaction may have multiple analyses linked to it - eg. initial supplied figures, first draft, second draft, final agreed figures etc.
Double-click any entry in the list or press "View Analysis" to open up the analysis viewer.
When you go into the Analysis Viewer, you will see a screen like this:
The above screen shows the layout for a retail analysis. You can do analysis for other property types, as shown below. The layout of the analysis details will change appropriately.
To add a new transaction or a new analysis, use the buttons shown below:
When adding a retail analysis, you can add multiple areas for the ground floor or ancillary space. You can also add adjustments to both of those, and add miscellaneous income (eg. flats above a shop generating an additional rent). Note that you should "tick" the corresponding area in order to see if, eg. to add ancillary areas, first tick the box labelled "Ancillary/Other Areas"
You can add and delete those using the buttons down the right hand side of the analysis area:
Once you've entered the areas, you can work out a Zone A rate from the SAY rent value by pressing the button shown below. Or you can recalculate the rent from a new Zone A rate.
You can enter in incentives on a lease and see the value using the "Incentives/Contributions" area. Here we've entered 6 months rent free and a fit out allowance of £2500.
After entering incentives you will usually need to recalculate the Zone A rate so it reflects the changes. To remind you of this, the Recalculate button will turn red:
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