During October it was announced that from April 2018 business rates bills will be set to increase by 3.9%, causing the total rates bill to increase by over £1.1billion, with the retail sector alone facing increases of over £300million.
Associated Security Systems Ltd, a security systems supplier in Manchester, purchased a 32,000 sq ft industrial unit in Greengate Industrial Estate, Rochdale. The property was sold by our Manchester corporate recovery team who were acting on behalf of the administrators of Reynards (UK) Limited.
We assisted a private investor with the purchase of a profitable retail investment, a Grade II listed, 3,000sqft retail unit in Beverley Town Centre.
Diana Warr, residential sales and lettings expert in our Leeds office has put together her top three tips for maximising your property’s potential. The tips aim to help you achieve the best possible sales price for your property and you can view them here.
Our specialist holiday and caravan park team has sold a 26.5 acre caravan park in Ingleton, North Yorkshire, at a new record high for pitch values. The large park was sold confidentially after being marketed asking for offers in excess of £4million. The caravan park market continues to capitalise on the buoyant trading conditions with demand far outstripping the supply of parks currently available for sale.
We have recently strengthened our building consultancy team in both our Leeds and Bristol offices. Jo Williams has been appointed as a partner in our Bristol office where she will head up our building consultancy offering in the South West. In Leeds, Colin Harrop has joined the team, bringing with him 20 years of experience in professional building surveying.
Our Birmingham team has also grown with two new appointments. James Cartwright joins us an associate partner and Beverley Stamps as surveyor, both James and Beverley will focus on delivering property valuations, agent and property management across our growing client base in the midlands.