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NPPF reform and the unintended consequences on housing supply
Following on from the “disruptive” changes made in December 2023 to the NPPF which were dubbed by the new Labour Government as “detrimental to housing supply”, consultation on proposed reforms to the National Planning Policy Framework (NPPF) has now closed (24 September).
Surrey industrial property: Build it or invest in it, and they will come
As we move through 2024, we have seen a good level of industrial activity in Surrey and a transition towards more quality premises, with the delivery of some much-needed Grade A industrial and logistics stock to meet occupier needs.
VW Insider report reveals confidence returning to Thames Valley, Oxford and Surrey markets
Office market confidence is returning across the Thames Valley, Oxford and Surrey but a lack of new industrial supply remains a core issue for the commercial market.
Historic buildings face perfect storm as landlords face crippling maintenance costs
The UK is home to a vast array of historic buildings, many of which are still occupied and in use today. In fact, we have one of the oldest building stocks in Europe, with 32% of all non-domestic buildings built prior to 1919.
Convenience store building in Trowbridge sold through Vail Williams
Vail Williams sold the freehold investment in Eastbourne Road, Trowbridge, Wiltshire, on behalf of a retained private client. The premises is occupied by a Tesco Express convenience store. Vail Williams also negotiated an extended lease prior to the sale to the new owner of the property.
Thames Valley UK: The Prop Market Update
Guy Parkes, partner in our Thames Valley office in Reading, joined the Battle & Bunce Talking Property podcast at Apex Reading to go over the office market in the Thames Valley prop market, situated to the west of London and bordered by the M3, M4 and M40 motorways.
Reading revelling in office market revival
There is a real sense of having turned a corner in the Reading office market which has experienced the largest number of transactions than any other town in the region, and the largest square footage let post-pandemic.
Bournemouth – dressed up for business but nowhere to go
Bournemouth’s reputation as a Dorset tourist destination is irrefutable, boasting miles of golden sandy beaches, breath-taking views and cliff-top walks, together with a good range of restaurant and bars.
Pre-acquisition surveys: Failure to prepare, prepare to fail
A property survey or pre-acquisition survey provides a prospective occupier or buyer of commercial premises with an in-depth analysis of the building that they are proposing to lease or purchase.
High demand as work starts on Magna Park units
Two large warehouse units in Poole being marketed by Vail Williams as building work starts
Gatwick Industrial Property Update: H1
Overall, we have seen a good level of demand and take-up in most areas across the South East, despite the pace of industrial activity slowing from the highs of the Covid peak.