Castle Mill

ClientSartex Quilts & Textiles
LocationRochdale
Market SectorIndustrial
RolesProfessional / Building Reinstatement Cost Assessment

Peacock Stevens were awarded the instruction from a local based client to undertake a Building Reinstatement Cost Assessment (BRCA) of the Castle Mill building in Rochdale.

The 100,000 sq ft building provides a large warehouse, offices and showroom over two stories.  No historic information was provided so measurements had to be undertaken on site and a general assessment of the buildings condition.

The final report and calculations showed that the building was, at the time, over valued for insurance reinstatement by 20% of the value calculated.  This actually saved the client money due to the lower value, which in turn reduced insurance premiums.

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