Crumpsall & Cheetham Hill Library Sold for over £500,000

By jbc_admin

This prominent grade II listed landmark building was sold in the February Auction, on behalf of private owners to a property company in the West Midlands. The property had been left in a dilapidated state but it is hoped that with new owners will bring much needed investment to bring the property back to its…

Vacant Building Credit to Benefit Developers in Affordable Housing Provision

By jbc_admin

The National Planning Policy Framework (NPPF), focuses on commercial viability being vital to negotiations with the local authority on the provision of affordable housing. Policy states that: “Pursuing sustainable development requires careful attention to viability and costs in plan-making and decision-taking. Plans should be deliverable. Therefore, the sites and the scale of development identified in…

FEBRUARY AUCTION RESULTS 75% SUCCESS RATE (AND RISING)

By jbc_admin

Following our first auction event in association with Auction House Manchester, we are delighted to announce that a packed room witnessed the Roger Hannah (introduced) lots produce a success rate of 75%. Auction results are available by clicking here. We have received good post auction interest and this should increase soon. Highlights include: – Middleton…

Roger Hannah & Co are proud to announce that Kirsten MacArthur has been promoted

By jbc_admin

Roger Hannah & Co are proud to announce that Kirsten MacArthur has been promoted to the position of Facilities Team Leader. This role consolidates the functions of Facilities, Health and Safety and Business Support for our Property Management Functions. Commenting on the appointment, Andy Clifford Finance and Operations Director said “Kirsten has been with Roger…

Landlords Opposition to Grant of a New Business Tenancy

By jbc_admin

In the recent case of Hough v Greathall (2015) the Court of Appeal has confirmed a Landlord who opposes the grant of a new business tenancy on the grounds of redevelopment must establish its intention at the hearing date, and not at the date of service of notice. This decision thereby confirming the principles set…

Rate Payers: Act Now you could lose up to 5 years of Business Rates refunds on appeal.

By jbc_admin

The Government despite extending the revaluation of Business Rates from April 2015 to April 2017 have not extended the period where businesses are entitled to appeal. With the deadline of 31st March 2015 fast approaching most businesses will not be aware of these changes which have not been publicised by the Government. The net effect…

Roger Hannah & Co To Partner Auction House

By jbc_admin

Roger Hannah & Co are pleased to announce an exciting auction relationship with Auction House Manchester. Following the success of Roger Hannah Auctions, where over £30million of commercial property was sold in the last 2 years, Roger Hannah & Co have agreed a link with Auction House Manchester to introduce auction entries into Auction House…

Multi-million pound deal completed at Paddington Basin, London

By jbc_admin

Multi-million pound deal completed at Paddington Basin, London Roger Hannah & Co has successfully negotiated compensation for the final long leasehold interests of residential flats in Dudley House, situated in Paddington Basin, London, in a deal which accumulates to millions. Adjacent to Paddington Station and the Regent’s Canal, Paddington Basin has undergone major regeneration over…

New Discretionary Compensation Packages Announced

By jbc_admin

Following consultation over the course of 2014, the Government and HS2 Limited finally announced details on Friday of their latest property compensation packages for those occupiers within Phase 1 of the route. As highlighted within our newsletter in October HS2 Limited have now established the Voluntary Purchase Scheme which is available to home owners and…

Change in Capital Allowances Legislation

By jbc_admin

Do you know how the change in Legislation could financially affect you? A Government Legislation surrounding Capital Allowances was recently changed on 1st April 2014, instructing the identifying of a ‘pooling requirement’ and ‘Fixed Value Requirement’ to be achieved at point of sale. If the parameters of this new measure are not adhered to, any…