By jbc_admin
Stephen Lashmar was invited by the RICS to give a seminar to members regarding compulsory purchase. Entitled “The Issues and Challenges of a CPO”, Stephen’s presentation provided an overview of the CPO process and issues associated with CPOs followed by an in-depth examination of the need for reform and the implications of the recently introduced…
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By jbc_admin
Heathrow’s third runway has now been given the go-ahead by the Government. Affected homeowners are on course to receive the highest level of compensation payments received for any other major infrastructure project in the UK. The proposed 11,400ft long runway will have a significant impact on local residents. It is estimated that up to 4,500…
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By jbc_admin
A Compulsory Purchase Order (CPO) being promoted by The London Borough of Southwark to regenerate the Aylesbury Estate has been rejected by the Secretary of State following a Public Inquiry. The Estate which was constructed in the 1960s/1970s comprises 2,700 homes and has been the subject of regeneration plans for the last decade. The intention…
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By jbc_admin
1878 – The origin of the current capital allowance regime was a wear and tear deduction, based on the actual reduction in the value of Plant or Machinery (P&M). 1945 – ‘Income Tax Act’ introduced a system of capital allowances to encourage post war reconstruction, establishing concepts such as initial allowances, WDA’s, balancing allowances and…
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By jbc_admin
On Friday 16th September 2016 – Neil O’Brien (Director of Building Consultancy) and Steven Whittle (Building Surveyor) Roger Hannah & Co attended the inaugural Open Day of a New Medical Centre in Warrington on behalf of the Eric Moore Partnership. Roger Hannah & Co provided Employers Agent role for the delivery of the new build…
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By jbc_admin
MPs are not convinced that Phase 1 of HS2, London to Birmingham, will open at the end of 2026, as planned. The Public Accounts Committee has also called on the government to clarify route and costs for Phase 2, which is estimated to be £7bn over budget. Whilst the route for Phase 1 (London to…
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Roger Hannah & Co have been appointed as managing agents for Junction Trade Park, Baxter Street, Oldham. The property comprises of 7 units, with a total floor area of 31,500 sq. ft. and provides single storey trade counter and warehouse premises. There are a number of nationwide business operators using the premises and it has…
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By jbc_admin
I am sure you know by now that from 1st April 2014 (new rules), at the time at which commercial property transactions are undertaken, the Capital Allowances position must be considered. Roger Hannah & Co quietly reminds you that this Government Legislation remains pertinent today. £190,896 = average Capital Allowances claim for a single property…
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By jbc_admin
Roger Hannah & Co happily entered 3 relay teams and one individual triathlete into the JLL Property Triathlon North jointly sponsored by The Peel Group on 29th July 2016. This event is celebrating its 10th year and is firmly established as the second largest one day event in the UK. The event has raised nearly…
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By jbc_admin
Roger Hannah’s Investment Department were kept busy during June, with disposals totalling £3.7m. This was helped in no small way with the completion and sale of Meadow Mill in Stockport for in excess of the £2.5m guide price. The purchaser is a private London based Investor/Developer who is to invest significant sums to regenerate and…
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