Ronald Young & Co, founded as Ronald Young & Co (Vic) Pty Ltd in 1957, is a real estate practice and consultancy to the liquor and hospitality industry.
Over the years RYC has maintained its position and professional reputation as a specialist in the sale, leasing and appraisal of hotels and other licensed liquor outlets, as well as motels and caravan parks.
The proprietor, Warren Young is a qualified Valuer, Fellow of the Australian Property Institute and a licensed Estate Agent, member of the Real Estate Institute of Victoria (REIV) and past Secretary of The Hotel Brokers’ Association of Victoria.
He is an acknowledged authority in relation to matters pertaining to the valuation of interests associated with hotels, motels and all other categories of licensed premises.
For many years he held the appointment of Guest Lecturer on the valuation of hotels at RMIT University. He has appeared as an expert witness on licensed property matters and is a member of the President’s Panel of the Australian Property Institute, Accredited REIV Sworn Valuer and a member of the Hotel Valuers Discussion Group.
Well known hotel broker and outback Australia specialist, Peter Moore, joined us in 2017.
Ronald Young & Co Pty Ltd offer a range of services to both vendors and purchasers including:
- Brokerage sales by auction tender or expressions of interest and private treaty
- Sales and valuation
- Hotel sales, leasing and valuation
- Property management
- Proposed purchase, sale or rent review
Brokerage Sales by Auction Tender or Expressions of Interest and Private Treaty
Advice on the best method of effecting sales including assessment of alternative commercial use, advertising strategies, preparation of offering documents and the like.
Assessment of the goodwill, furniture, plant and equipment and rental values, securing tenants and assessing their financial status and operational experience, property management and rental collection and reviews and general administration services.
Preparation of cash flow forecasts and feasibility studies in relation to proposed developments or property alterations; investment analysis; rental valuations and rental determinations or arbitrations; valuations for sale, purchase, partnership adjustments.
Collection of rentals, advice as to market rental value, liaising with tenants, regular property inspections to ensure compliance with repairs and painting etc, advice as to appropriate building insurance cover, dispute resolution and general advice. Contact us for a no obligation discussion as to your requirements.
Proposed purchase, sale or rent review
Experienced and impartial advice. Reasonable fees on a time basis. Free initial consultation.