What happens to the value of property with going concern value?

Going concern value refers to the value of an operating business that generates income, beyond just the physical assets it possesses. This concept treats the business as a whole, taking into account its established customer base, reputation, operational processes, and ongoing revenues. Therefore, the presence of ongoing business operations contributes to additional value, as the business is viewed not just for its physical assets but also for its continued profitability and operational efficiency.

In this case, the correct answer highlights how the ongoing operations of a business enhance its overall worth beyond just the tangible aspects. For instance, a restaurant with a loyal clientele and effective management has a higher value as a going concern due to its established operations compared to merely the bricks and mortar it occupies without any operational capability. This added value is a key concept in business evaluations, mergers, and acquisitions, as it reflects the potential for future earnings and stability.

The other options focus on perspectives that do not encompass the broader valuation provided by ongoing business operations. As such, they do not accurately represent the comprehensive picture of going concern value.