May Deals Update

Published on: 4th May 2018

Research carried out by the Government recently, revealed that almost 90% of users are dissatisfied with the new business rates appeals process, introduced just over a year ago. Since the introduction of the new system, there has been a huge decrease in the number of businesses contesting their rateable value, with a staggering drop of roughly 97% compared to the previous system. Read what our business rates experts think here.

To accommodate our increasing client base in London and further afield, we have recently strengthened our London team with three key appointments in our valuation and rating departments. 

With the British holiday period fast approaching our specialist holiday and caravan park team completed a number of sales in recent weeks. There was the sale of 6.7 acres residential caravan park in Ilfracombe, North Devon and further sale of Ashburton Park, a residential park in a picturesque rural setting on the edge of the famous Dartmoor national park.

We have recently implemented a multi-service approach to assist with the design and contract administration of refurbishment works of the independent café and conference suite facility at RTC Business Park in Derby. Our in-house architecture team worked in tandem with our building consultancy team to produce a facility with a modern and attractive design, offering staff a quality of food and environment far greater than the previous facility.

In Leeds, Rose Wharf, a Grade II listed office development in Leeds city centre, has reached full occupancy following lettings to Thiskrow Ventures Ltd and The Recruitment Crowd.

This quarter we produced our office market report as a video, watch here to see head of office agency, Richard Dunn, share his thoughts on why Leeds remains one of the most desirable places to work in the UK at the moment.

During April, a team of 20 property professionals from across our offices ramped up their fundraising efforts as they prepared for the annual Sanderson Weatherall charity bike ride, which is this year a demanding 200-mile route from London to Bruges. Click here to find out more about the ride.

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Video - Leeds Office Market Update Q1 2018

2018 kicked off with the strongest recorded Q1 take up in 5 years. Find out more in our video:

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2018 kicked off with the strongest recorded Q1 take up in 5 years. Find out more in our video:

[fulltext] =>

2018 kicked off with the strongest recorded Q1 take up in 5 years with total Leeds office market take up at 275,691 sq ft, a 75.6% increase on Q1 2017.

This quarter we have produced our Leeds quarterly update as a video, which you can watch below.

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Trio of appointments strengthens our London office

To accommodate our increasing client base in London and further afield, we have recently strengthened our London team with three key appointments in our valuation and rating departments. The appointments follow a raft of recent successes for the firm, including reappointment on to the national framework for the Crown Commercial Service, new instructions on the 2018 rating list, and a number of commercial properties acquired, let and sold across the capital.

Read More....

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To accommodate our increasing client base in London and further afield, we have recently strengthened our London team with three key appointments in our valuation and rating departments.

The appointments follow a raft of recent successes for the firm, including reappointment on to the national framework for the Crown Commercial Service, new instructions on the 2018 rating list, and a number of commercial properties acquired, let and sold across the capital.

[fulltext] =>

Sean Bunch joins our London office as a partner in our rating team where he will be responsible for client advice, appeal work and mitigation of clients’ exposure to business rates.

Sean has over forty years’ experience in the rating world, including 13 years at the Valuation Office Agency and more recently heading up the business rates team at LSM Partners before becoming a director at Savills.

Also, joining Sean in London is associate partner, Aidan King. Aidan has moved to our London office having gained over 8 years’ experience working in our lease consultancy, valuation and agency teams in the North West and Midlands.

Rose Zulaikhah will assist both our rating and valuation teams whilst she works towards completing her assessment of professional competence (APC) and qualifies as a chartered surveyor with the RICS. Rose joins us following a years’ work experience at CVS surveyors.

Matthew Midwinter, partner and head of our London office commented, “The recent appointments further outline our continued commitment to growth at Sanderson Weatherall. The trio’s combined experience will undoubtedly complement our existing expertise and be instrumental in developing the strength of our London offering, as well as helping to grow our national client base.”

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Business rates appeals process continues to cause businesses issues

Recent research carried out by the Government has revealed that almost 90 per cent of users are dissatisfied with the new business rates appeals process. Research carried out since the revamped system was introduced, in April 2017, has shown that 88% of the 2,085 respondents described themselves as ‘dissatisfied’ or ‘very dissatisfied’ with the changes. Comments from our clients generally revolve around criticism of the complex logon and registration process and a typical comment is “We understand the need for security and the registration process, but the manner that the VOA’s online service has been constructed makes it extremely difficult and we are struggling to even registered on the new system.”

Read More....

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Recent research carried out by the Government has revealed that almost 90 per cent of users are dissatisfied with the new business rates appeals process. Research carried out since the revamped system was introduced, in April 2017, has shown that 88% of the 2,085 respondents described themselves as ‘dissatisfied’ or ‘very dissatisfied’ with the changes.

Comments from our clients generally revolve around criticism of the complex logon and registration process and a typical comment is “We understand the need for security and the registration process, but the manner that the VOA’s online service has been constructed makes it extremely difficult and we are struggling to even registered on the new system.”

[fulltext] =>

Since the introduction of the new system there has been a huge decrease in the number of businesses contesting their rateable value, with a drop of approximately 97% compared to the previous system. The government are attributing this to businesses being happy with their rateable values but in truth we put this down to the fact that it has become overly complex to lodge an appeal or register an agent acting on a ratepayer's behalf.

Moving forward we accept that the check challenge and appeal system is here to stay, however, the Valuation Office Agency need to make urgent and significant changes to the system to make it more user-friendly and reduce the amount of red tape.

The changes are not all bad, as the transparency of the valuations has been improved and there appears to be an opportunity for simple factual alterations to the valuation list to be corrected quicker at the check stage.

To contact one of our business rates experts please use the contact form below.

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Attractive residential caravan park sold in Ilfracombe

Our specialist holiday and caravan park team has recently sold Berrynarbor Park, a 6.7acres residential caravan park in Ilfracombe, North Devon. Berrynarbor Park is located in a peaceful rural setting with all pitches benefiting from views of the picturesque countryside that surrounds the park.

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Our specialist holiday and caravan park team has recently sold Berrynarbor Park, a 6.7acres residential caravan park in Ilfracombe, North Devon.

Berrynarbor Park is located in a peaceful rural setting with all pitches benefiting from views of the picturesque countryside that surrounds the park.

[fulltext] =>

Currently the park is developed with 43 units, of which, just two are vacant and there is development potential as the park has the benefit of permanent planning permission and site license for up to 55 residential park homes or holiday caravans.

Andrew Bagnell, holiday and caravan park specialist in our Exeter office said, “We are delighted to have sold this park with joint agents Devitt Property consultants. The sites enviable location combined with the additional income that can be earned through the sale and re-sale of homes on the park made this a really desirable park and we received significant interest both locally and from national caravan park operators.”

The caravan park market continues to take advantage of resilient trading conditions with Sanderson Weatherall completing the sale of a number of parks in the past 3 months.

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Extensive refurbishment works carried out at RTC Business Park, Derby

We have recently implemented a multi-service approach to assist with the design and contract administration of refurbishment works of the independent café and conference suite facility at RTC Business Park in Derby. The property has been in use for a number of decades and dates back to a time when a cooked meal was provided to workers during the middle of the day.

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We have recently implemented a multi-service approach to assist with the design and contract administration of refurbishment works of the independent café and conference suite facility at RTC Business Park in Derby.

The property has been in use for a number of decades and dates back to a time when a cooked meal was provided to workers during the middle of the day.

[fulltext] =>

Our building consultancy team were tasked with reducing the size of both the food preparation and restaurant area whilst ensuring that the existing facility was kept operational throughout the project.

Chris Eglin, building consultant in our Leeds office has worked with London and Continental Railways for just over 13 years and commented on the project, “The biggest challenge that we faced was ensuring the existing facility was operational whilst undertaking the building works. Due to the constraints of the site, a fire escape route needed to be maintained from kitchen area and the control of noise and dust was very important. We were able to ensure minimal disruption to the business by using the existing conference rooms as temporary restaurant accommodation and phasing works in coordination with the occupiers at the building.”

Rob Brown, project manager at London Continental Railways said, “This was a complex task with a number of external factors to consider and Sanderson Weatherall’s ability to offer multiple services made the firm ideal for this work. The resulting facility has a modern and attractive design that meets with all current standards and offers staff a quality of food and environment far greater than we had previously.”

Chris Eglin was in overall control of the project being design and contract administrator of the works and our in-house architecture department undertook the interior design of the restaurant area with external consultants used for the design of catering equipment.

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Cyclists prepare for London to Brussels charity bike trip

Fundraising has started for the annual Sanderson Weatherall charity bike ride, which this year sees 20 property professionals from across our offices undertaking a demanding 200-mile route from London to Brussels. The bike ride has become something of a tradition at Sanderson Weatherall, having taken place for the last 13 years, raising thousands of pounds for incredibly worthy causes in the process.

Read More....

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Fundraising has started for the annual Sanderson Weatherall charity bike ride, which this year sees 20 property professionals from across our offices undertaking a demanding 200-mile route from London to Brussels.

The bike ride has become something of a tradition at Sanderson Weatherall, having taken place for the last 13 years, raising thousands of pounds for incredibly worthy causes in the process.

[fulltext] =>

This year, the team will be cycling in support of Marie Curie, UK charity that provide care and support to people living with terminal illness, and their families, bringing light in their darkest hours.

The proposed route sees the team set off from London on Thursday 5th July, making their way South East to Canterbury where they will spend the first night. After an early start to get to Dover for the cross-channel ferry to Dunkirk the team will head to the cobbled streets of Bruges where they spend their second night. Saturday morning and it’s a dash for the finish line with 60 miles of cycling to get to their final destination and capital of Belgium, Brussels.

Any donations would be gratefully appreciated for this worthy cause, if you wish to donate then please follow this link to their Just Giving fundraising page.

The 2018 SW team comprises Adam Burkinshaw, Aidan King, Charlotte Marshall, Christian Humphreys, Dan Matthews, Dan Pugh, George Williams, Harry Naylor, Ian Bell, Jess Burke, Josh Peacock, Lawrence Pinder. Liz McLoughlin, Lydia Martin, Max Rusby, Morigan Wilson, Nick Heap, Nick Vincent, Richard Dunn and Simon Heather.

Sponsor the team

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High quality residential caravan park sold in Devon

Our specialist holiday and caravan park team has sold Ashburton Park, a residential park site that occupies a picturesque rural setting in roughly four acres of sheltered land on the edge of the famous Dartmoor national park. For a number of years, the park operated as a mixed site with static holiday caravans, tents and a few mobile homes. Recently the park underwent a complete redevelopment to provide the 40 modern residential park homes that stand there today.

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Our specialist holiday and caravan park team has sold Ashburton Park, a residential park site that occupies a picturesque rural setting in roughly four acres of sheltered land on the edge of the famous Dartmoor national park.

For a number of years, the park operated as a mixed site with static holiday caravans, tents and a few mobile homes. Recently the park underwent a complete redevelopment to provide the 40 modern residential park homes that stand there today.

[fulltext] =>

It is one of very few residential parks within the National Park boundary, yet benefits from being within close proximity of the local shops and facilities of Ashburton.

Andrew Bagnell, holiday and caravan park specialist in our Exeter office commented on the sale, “One of my favourite features of this park is that fact that it is divided into two areas by the River Ashburn which runs through the centre of the property. The two sides, known as Riverside Way and Waterleat Walk have independent vehicular access and are connected by a footbridge which was a real unique selling point of the park.

“The park sits in a very desirable location and as such generated significant interest. We are aware of several operators seeking similar opportunities in the South and would be interested in speaking to any park operators considering a sale.”

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Rose Wharf reaches full occupancy following two lettings

Rose Wharf, a Grade II listed office development in Leeds city centre, has reached full occupancy following lettings to Thiskrow Ventures Ltd and The Recruitment Crowd. Thirskrow Ventures Ltd and The Recruitment Crowd have both taken 1,850 sq ft suites in the Compass House building, on five-year leases.

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Rose Wharf, a Grade II listed office development in Leeds city centre, has reached full occupancy following lettings to Thiskrow Ventures Ltd and The Recruitment Crowd.

Thirskrow Ventures Ltd and The Recruitment Crowd have both taken 1,850 sq ft suites in the Compass House building, on five-year leases.

[fulltext] =>

The lettings were completed by Leeds-based property consultancy Sanderson Weatherall, who acted on behalf of owners, Caddick Developments Ltd, and alongside joint letting agent, Carter Towler.

Dominic Towler, office agent at Sanderson Weatherall said, “Rose Wharf is a charming, riverside property that provides great office spaces in an ideal city edge location.

“It’s fantastic to see the property fully occupied following a significant refurbishment, which demonstrates the pent-up demand for character office space in Leeds.”

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Trio of deals at landmark Leeds office building

We have secured over 50,000 sq ft of new lettings at the £100m Central Square development in Leeds city centre. Telecommunications giant Sky has signed up to 25,740 sq ft, existing occupier PwC has acquired an additional 11,800 sq ft and social media risk company, Crisp Thinking has taken 5,200 sq ft. All three have signed ten-year leases.

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We have secured over 50,000 sq ft of new lettings at the £100m Central Square development in Leeds city centre.

Telecommunications giant Sky has signed up to 25,740 sq ft, existing occupier PwC has acquired an additional 11,800 sq ft and social media risk company, Crisp Thinking has taken 5,200 sq ft. All three have signed ten-year leases.

[fulltext] =>

Richard Dunn, head of office agency commented, “It’s fantastic to welcome these new occupiers to what has proven to be an incredibly popular office development.

“Central Square has redefined what Grade A office space looks like in Leeds, providing a level of quality that is rare to find outside of London. With its class-leading sustainability credentials and the largest new floorplates in the city centre, it’s attracted a huge amount of interest from first class occupiers and these latest lettings are testament to that.”

Earlier this year, we also acquired 7,000 sq ft at Central Square and relocated our entire Leeds-based team to the development, watch videos of our office move below.

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