By jbc_admin
Roger Hannah & Co has acquired the long leasehold interest of the offices that they occupy at Century Buildings, Parsonage Gardens, Manchester. The practice took advantage of an option agreement that they held with the Landlords, Property Alliance, acquiring the 9,500 sq ft office premises for £1,250,000. The transaction reflected an initial net yield of…
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By jbc_admin
Roger Hannah & Co has been appointed as Managing Agents on an exciting portfolio of properties on behalf of a new Client. This developing relationship will increase our Rent Roll on managed properties by circa £230k. We are to commence with our client led management service throughout September 2015. To understand how Roger Hannah &…
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By jbc_admin
Roger Hannah & Co have completed the sale of prominent roadside site 34 Chorley Rd, Swinton to Shortis Group Ltd at £400,000. The former car showroom is to be operated in their Wilco Motorsave format. James Goode, Head of Private Treaty Agency at Roger Hannah & Co commented: “After stiff competition for the site from…
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By jbc_admin
Terminology of Capital Allowances (CAs) Must A specific requirement in legislation or of a principle, rule, outcome or other mandatory provision in the SRA Handbook. The Pooling Requirement and Fixed Value Requirement rules will mean that the CAs issue must be dealt with at the point of sale, accompanied by documentation which will, it is…
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By jbc_admin
2017 Business Rates Revaluation: 1st April 2017 is a date that should be in every businesses diary. This date brings the new rating list into effect. Hopefully, the revaluation will bring business rates into line with the prevailing economic climate. As the 2017 revaluation will be based on rental values, as at 1st April 2015,…
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By jbc_admin
The Upper Tribunal (Lands Chamber) made a ruling earlier this year in Gallagher (VO) V Dr M Read & Partners & Dr J Poyser & Partners that has implications for how business rates are calculated for practices occupying purpose built GP premises. The tribunal examined the way in which purpose built GP surgeries are valued…
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The Supreme Court Decision on Business Premises Assessment July 2015 the Supreme Court handed down its judgment in the case of Woolway (VO) v Mazars LLP. Mazars, an accountancy firm, occupied the second and sixth floors of Tower Bridge House, an eight-storey office building in central London. The Valuation Officer had assessed the two floors…
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By jbc_admin
Click Here for the Oasis July News Letter
By jbc_admin
11 of us braved the conditions and completed the We Love Manchester 10k on Sunday morning, cheered on by friends and family (and special thanks to Angela crutches and all for coming out and supporting us). All of us got round unscathed and in respectable times. We have to date raised £1,572 for The Christie…
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By jbc_admin
Roger Hannah & Co have been instructed on behalf of a family trust to acquire investment property across the North West. The Trust has between £7 million and £11 million to invest and with funding the funds available are likely to be up to £20 million. The objective is to establish a £1 million rental…
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