By jbc_admin
Acting on behalf of a Private Property Investment Company and owners of a number of trade counter units, the Lease Advisory Department at Roger Hannah & Co has successfully negotiated rent terms for a 5 year lease with a national operator in Manchester for a 13,500sqft unit, achieving an overall increase of 9.4% in the…
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By jbc_admin
The Decisions The Supreme Court recently dismissed two appeals made by two local planning authorities after the decisions of two planning applications; Hopkins Homes v Suffolk Coastal District Council and Richborough Estates v Cheshire East Borough Council. One of which had been refused and the other approved respectively. The Cheshire East application was submitted in…
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By jbc_admin
Marnshaw Limited have acquired the Bridge Trading Estate, Bury, from the Canal and River Trust for a headline consideration of £2,201,000. Bridge Trading Estate is a multi-let industrial property with a rental income of £156,000 but with the potential to increase the income up to £231,000. The transaction represents a net initial yield of 6.70%…
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By jbc_admin
A private property fund, advised by Roger Hannah & Co, has let space at 6 Canary Way at Agecroft Commerce Park in Salford to Table Linen Company Ltd, a leading linen rental company operating nationwide. Table Linen Company Ltd has entered into a new 10-year lease agreement to take 16,309 sq ft at a rental…
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By jbc_admin
Roger Hannah and Colliers International have been appointed by Grammont Group to market Unit 10 Stretton Distribution Centre in Warrington. The unit was formerly occupied by Hut Group who are moving to their new home at Omega, Warrington and comprises 110,000 sq ft of quality industrial accommodation on a large secure self-contained site. Less than…
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By jbc_admin
First announced in May 2016, the Neighbourhood Planning Bill was granted Royal Assent on 27 April 2017 and is one of the last pieces of legislation to be passed before Parliament was dissolved ahead of next month’s General Election. The Act looks to redress and reform the CPO process as well as technical amendments to…
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By jbc_admin
As prominent schemes such as the ill-fated High Speed 2, the proposed Heathrow Airport expansion, and Hinckley Point make headline news, the role of compulsory purchase is gaining more media coverage. It is therefore important for affected land and property owners to obtain specialist advice in this complex area and selecting the most appropriate advisor…
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By jbc_admin
The Finance Team at Roger Hannah & Co Ltd have won the prestigious finance team of the year award at the ICAEW Manchester Accountancy & Finance Excellence Awards at the Lowry Hotel. Speaking of the success, Andy Clifford, Finance and Operations Director, commented “I am delighted for the team. The Company has come a long…
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By jbc_admin
Mark Keirl, Head of Business Rates and Director Roger Hannah & Co provides an overview to 2017 budget: The Winners: 1. Those who no longer qualify for small business rates relief will benefit from a cap of £600 2. Pubs with rateable values less of £100,000 will qualify for a £1,000 discount 3. A fund…
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By jbc_admin
Supreme Court Ruling: Property owners and developers have welcomed the Supreme Court’s ruling in a Landmark business rates case when deciding that properties undergoing redevelopment should be valued at a lower rate. The case involved the amount of business rates payable on properties undergoing substantial redevelopment and involved SJ&J Monk, a property developer of a…
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