YHBA - Practical advice for business

Practical advice from the independent experts

0333 444 8522
info.yhba@ukba.co.uk
  • LinkedIn
  • Twitter
Members Area

Navigation

  • Home
  • Benefits to Business
  • Downloads
  • Who We Are
    • Local Groups
    • Our Mission and Vision
    • Join Us as a Business Advisor
  • Contact

Opportunities for SMEs with planning policy changes

26/09/2011 By Mushroom Internet

UK Business Advisors (UKBA) is highlighting to property owners in SMEs that now is the ideal time to assess their freehold, or indeed leasehold, property stock for appropriate planning gain. Good yields are available on freehold acquisitions, particularly for industrial buildings and serviced business hubs.

The Government is seeking to substantially reduce the volume of unnecessary documents that define National Planning Policy. In addition to reducing the time and effort that causes so much waste, the proposals will release barriers to property investment. The Department for Communities is set to ensure that new factors influence planning decisions with:

  •  More emphasis on local communities that will have greater influence on planning decisions, as opposed to having to strictly follow national rules
  •   A presumption in favour of sustainable development.

The new policy is founded on good intentions but UKBA is concerned that it risks being delayed by objections from vested interest groups including the Planning Officers Society.

The draft document can be seen on the Department for Communities website: http://www.communities.gov.uk/publications/planningandbuilding/draftframework

UKBA is encouraging property owners to influence the document directly by responding to the draft document by 17th October 2011.

Malcolm Randall, a Property Consultant at UK Business Advisors commented “Good yields up to 9% are available on freehold acquisitions, particularly for industrial and manufacturing buildings and serviced business hubs.  Rental income from good tenants has been happening for the right quality building with the correct planning permissions. We are encouraging business property owners to take advice now.”

Malcolm Randall is a business advisor within SWBA, the South West region of the UKBA network, and can be contacted at malcolm.randall@swba.co.uk  . For full details visit the UKBA website www.ukba.co.uk

Filed Under: Uncategorized Tagged With: planning policy, property owners, SMEs

  • Home
  • Benefits to Business
  • Events
  • Downloads
  • Who We Are
  • Contact

Copyright © 2021 · Dynamik-Gen On Genesis Framework · WordPress · Log in

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish.Accept Read More
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Non-necessary

Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.