Rapleys Automotive and Roadside team were pleased to complete a deal on a former car showroom on Regents Park Road, North London. The 4,030 sq ft premise had a prominent frontage to the busy road and attracted significant interest from trade, retail and leisure operators which resulted in competitive bidding in excess of the quoting rent.

Toolstation were successful and secured a 10 year lease with V8 Properties Ltd. The unit is one of the first of a new retail format being rolled out by Toolstation within London. Planning consent for A1 was refused previously but after successful appeal it was overturned and the unit has now been refurbished to Toolstation brand standards.

Rapleys client Daniel Sayers of V8 Properties Limited, comments: ‘As a small family owned property business we are delighted that Rapleys have been able to secure excellent terms for the letting of our former car showroom, enabling its modernisation and long term occupation by a well-known national operator, thus safeguarding and significantly enhancing the value of our asset.

Geoff Sayer and his colleagues at Rapleys steered us expertly through a successful marketing campaign, a contentious dilapidations dispute and a tortuous planning process, aided by an enthusiastic tenant in Toolstation Limited.

Rapleys were able to advise us on marketing, rental value, dilapidations, business rates, planning and project management ultimately leading to a better deal than we had hoped for and enabling us to make significant savings along the way.

The constructive partnership of Geoff and his colleagues with us as the client and also with our tenant enabled this project to succeed (even when at times it seemed unlikely) and we are very grateful for that.’

Rapleys has made several new appointments across the business over the summer months, collectively strengthening our service offering, and representing the ongoing growth of the practice.

  • Campbell Moffat (Senior Associate, Corporate Investor Management)
  • Laura Briggs (Senior Surveyor, Corporate Investor Management)
  • Jamie Alderson (Planner, Town Planning)
  • Harriet Nind (Planner, Town Planning)
  • Marcus Fatoye (Surveyor, Corporate Investor Management)
  • Callum Dickinson (Graduate Surveyor, Automotive & Roadside)
  • Oliver Exton (Graduate Surveyor, Automotive & Roadside)
  • Bradley Wild-Smith (Accounts Assistant)
  • Stacey Collarbon (Property Accounts Assistant, Corporate Investor Management)
  • Ben Godfrey (Data Analyst, Corporate Investor Management)
  • Serena Ridley (Client Accountant, Corporate Investor Management)
  • Stephen Wilde (Client Accountant, Corporate Investor Management)
  • Shanice Redmond (QHSE/Data Management Assistant)
  • Emma Bailey (PA to Head of Building Consultancy Group)

Robert Clarke, Senior Partner, comments; ‘I am delighted to welcome our new recruits and look forward to working with them to serve our clients’ needs in the future.’

Stuart joins Rapleys with 30 years experience in the property industry. He started his career with Strutt & Parker as a graduate surveyor and progressed quickly to achieve his Chartership in 1993 with Carter Jonas where he continued to advance his career for over 20 years.

At Carter Jonas, Stuart was promoted to Partner and Head of Residential Sales within the Cambridge office and he specialised in residential sales, valuation and marketing. As part of his role he was also involved in land appraisal, viability and acquisition advice for retained developer clients. Stuart is proficient in dealing with clients from a range of backgrounds including institutions, local authorities, developers, trusts and charities as well as private clients.

Stuart became a formal RICS valuer for lending, estate and tax planning and Inheritance Tax purposes. This role lead to a membership of the RICS’ Policy and PR Committee for the East of England and he held a prominent position within the organisation as a media spokesperson.

Stuart moved on to provide more specialised, direct services to limited companies in Executive Directorship roles. Within these companies he provides freelance advisory work covering his areas of expertise such as land appraisal, viability and promotion & development funding. Stuart is also experienced in the care home sector covering all property services.

At Rapleys, Stuart is head of the Cambridge office and coordinates a variety of services from there with a focus of development services, strategic land, town planning and building consultancy services.

‘Lookers car dealership boasts flat above – a one-off or a new mixed-use template, asks Nick Hughes’ – Property Week.

‘Standing three storeys tall beneath a block of modern apartments, Lookers in Battersea, south London, is not your average car dealership – on two counts. Not only is it the largest Volkswagen showroom in Europe, it is also part of what is thought to be the first UK mixed-use scheme to include a dealership.

The development has been the best part of a decade in the making and involves three key players: Lookers, developer Linden Homes and agent Rapleys, which brought the other two parties together.’

Angus Irvine, Head of Development Services, brought Lookers and Linden Homes together to achieve a balanced and innovative scheme in this desirable London postcode. Stretching back for several decades a dealership has occupied this site but Lookers Chief Executive, Andy Bruce, could see the dealership ‘being dwarfed by the rise of surrounding developments’ over the last few years. With no intention to sell the freehold of their site they turned to Rapleys to unlock the value in the land and in this area, the value was in upward development.

The result was a tower development scheme with 173 apartments and ‘a full-blown dealership with servicing. That’s why this is unique’ says Angus. To overcome the challenges the multi discipline Rapleys team, led by Angus, brought together experts from across the firm’s DevelopmentPlanningInvestment and Building Consultancy practices to work with Lookers to maximise the significant land value of the site.

For the full article follow this link to Property Week or for direct advice on how Rapleys can help unlock the land potential on your site speak to Angus Irvine.

 

The Government has introduced changes to the General Permitted Development Order (GPDO), effective from 25 May 2019. The changes are intended to make it easier to convert certain properties to provide more homes and offices, but some changes have not been introduced and the question remains, is this enough?

The changes were made following a public consultation in October 2018 and were confirmed in the Government’s Spring Statement. However some key changes, including the proposed permitted development (PD) right allowing upward extensions to create new housing, have not been introduced at this stage.

PD rights and changes to use classes have increasingly been used by the Government as planning tools to encourage and allow greater adaptation and diversification of our high streets. This latest set of PD changes introduces the following key amendments:

  • The temporary provision in Part 1 Class A, allowing larger residential extensions, is made permanent, having been due to expire on 31 May 2019
  • A new Part 3 Class JA allows shops, financial and professional services, hot food takeaways, betting shops, pay day loan shops and laundrettes to change to office use, up to 500sq m. This is subject to prior approval, which will assess transport and highways impacts, noise impacts from commercial and retail premises, and the impact on the sustainability of the existing shopping area
  • Part 3, Class M will now allow hot food takeaways to change to residential use, up to 150sq m, subject to prior approval application
  • Part 4, Class D is amended to allow temporary changes of use between various high street uses, offices and leisure facilities for a three year period (increased from two years) and is widened to include changes of use to certain community uses

However, the changes do not include the proposed PD right that would allow upward extension to create new housing. Nevertheless, despite the fact that this was the subject of significant objection during the consultation period, not least due to concerns relating to design impacts, the Government has indicated that it still intends to implement this at a future, unspecified date.

The proposed PD right allowing the demolition and redevelopment of existing commercial properties to provide new homes has also not been included at this stage, albeit the Government has indicated that this remains under consideration.

Evidently, the Government is striving to deliver on the promises it has made to use the planning system to reshape and revitalise our high streets and town centres, create prosperous communities and encourage new housing in underused properties. So far, certain PD rights introduced pursuant to these aims have been taken up with vigour by the development industry. For example, since 2015, some 42,000 new homes have been created using the office to residential PD right. The further changes to the PD rights outlined above can therefore be generally welcomed as a means of providing greater flexibility within the planning system.

The delay in the implementation of the wider ranging PD rights relating to upward extensions and commercial redevelopment schemes is not unexpected, in the context of the weight of objections associated with these matters during the consultation period. These represent complex issues, with impacts on neighbouring amenity, and in particular daylight & sunlight and legal rights to light being significant considerations in the potential application of such rights, should they come into force in the future.

As ever with permitted development rights, the devil is in the detail and it is therefore advisable to ensure that full due diligence is undertaken prior to commencing any works that may be considered to benefit from PD rights. Rapleys Town Planning and Neighbourly Matters specialists are well placed to advise on such matters. Please get in touch for further information.

Rapleys updated Use Class Order (England) guide can also be found here.

 

Rapleys are pleased to confirm a number of promotions across the business this month:

Senior Associate

Guy Davies – Building Consultancy Group, London
Rebecca Harper – Investment, London

Associate

Josie Hayes – Building Consultancy Group, Birmingham
Chloe Ballantine – Town Planning, London

Senior Planner

Conor Healy – Town Planning, London

Senior Surveyor

Charles Alexander – Development Services Group, London

Robert Clarke, Senior Partner, adds: ‘It is a great pleasure to announce these promotions. They are well-deserved. I look forward to their ongoing contribution to the business and, more particularly, our valued client base.’

 

As featured in various publications. CoStar – click here.Commercial News – click here.

Commercial property and planning consultancy Rapleys has advised Lookers PLC on the development of its new £10m dealership located on York Road, Battersea.

The 90,000 sq ft Volskwagen dealership forms part of a multi-million pound mixed-use joint venture between Lookers and Linden Homes. The state of the art dealership comprises the first three floors of the development, including significant amenity and customer experience space as well as a state-of-the-art automotive services department.

The multi discipline Rapleys team, led by partner Angus Irvine, brought together experts from across the firm’s Development, Planning, Investment and Building Consultancy practices to work with Lookers to maximise the significant land value of the site.

Principally this included a full planning and feasibility study, resulting in the unlocking of air rights to facilitate a multi-storey, mixed-use development comprising both the car dealership and a residential scheme. Rapleys identified and secured Linden Homes as the joint venture partner for the project, subsequently securing planning permission for the full commercial and residential scheme, to include 174 one, two and three-bedroom apartments, both private and affordable, across the fifteen storey, four tower development.

Rapleys also advised Lookers on relocating the existing dealership to an alternative site while works were being undertaken, to minimise any disruption to the day-to-day business.

Angus Irvine, Partner and head of Development, commented: “As competition for land, particularly in urban conurbations, increases, it is critical that investors and developers have a creative approach to maximising the value of their assets. Frequently this means changing or expanding uses and more often than not, building up rather than out. Lookers’ new dealership is a terrific example of this; maintaining and enhancing commercial operations while delivering much needed private and affordable housing in the heart of London courtesy of JV partner Linden Homes.”

Rapleys’ property and planning consultancy continue to deliver on their ambitious business development plan with the announcement of the latest office move for the Edinburgh team.

The team moves to Rutland Square this week, after a decision was taken not to renew the lease in Caledonian Exchange. The move provides Rapleys with superior accommodation that better suits their needs as well as a growing client base. By stepping over into EH1, Rapleys are at the centre of the commercial property market in the city and ultimately their valued clients will benefit from this accessible and vibrant location.

The key service lines offered from this hub are Town Planning, Corporate & Investor Management, Business Space, Retail & Leisure and Automotive & Roadside. With local knowledge and national insight from the wider network of offices the professional teams provide comprehensive property and planning solutions on a value-added basis consistently.

Colin Steele, Partner and head of the Edinburgh office, comments: “this move comes at a great time as we continue to expand the team and service lines available here from our Edinburgh hub. On a wider practice level, the last 12 months have seen many of our regional offices move up and on to better spaces, improving the environment for the benefit of colleagues and clients alike. It is great to align ourselves to the overall business development plan and we will continue to offer the excellent, local services that our clients value us for, from this new location.”

Robert Clarke, Senior Partner adds: “I am delighted with the new office space at Rutland Square. It is a recognised and established business address in the heart of the city. Needless to say, we look forward to welcoming clients to, and advising from, our new home in Edinburgh.”

Full contact details for Rapleys Edinburgh

8A Rutland Square
Edinburgh EH1 2AS

0370 777 6292
info@rapleys.com

Property and planning consultancy Rapleys announces the launch of a new office in Cambridge. The new office is Rapleys’ second in Cambridgeshire, with the firm being founded in Huntingdon and maintaining a strong presence and heritage in region since 1951.

The Cambridge office consists of both professional advisory and transactional teams from across Rapleys’ service lines, delivering a joined-up, multi-disciplinary offering to clients in the region. Each team consists of professionals who live and work in the city, with strong established relationships across Cambridge’s range of complementary consultancy services.

Stuart Harris has been appointed Head of the Cambridge office, and joins Rapleys with more than 30 years’ experience working in the industry and region, including roles with Strutt & Parker and Carter Jonas.

Stuart, alongside the existing partnership, will be responsible for promoting and coordinating the delivery of the firm’s core property consultancy and town planning services in the city, including: Town Planning, Building Consultancy, Development, Affordable Housing & Viability, Commercial Agency, Landlord & Tenant and Investment.

Robert Clarke, Senior Partner at Rapleys, commented: “Our new Cambridge office, alongside the appointment of Stuart, represents a key further stage in Rapleys’ evolution, which builds on our long-established heritage, presence and reputation in the region going back to the founding of the firm in Huntingdon in 1951. We saw a real opportunity in Cambridge, which is undergoing substantial growth, and a market opening where we can bring in services – such as Affordable Housing and Viability, Strategic Land, Building Consultancy and Town Planning – which are currently underrepresented in the region or are subject to increasing demand. At the same time, our expanded footprint and capacity in the region further complements our national expansion programme – providing clients access to partner-led teams with both local expertise and UK-wide reach.”

Stuart Harris, Head of the Cambridge Office at Rapleys, added: “Principally I am delighted to join Rapleys at this exciting juncture. There are significant opportunities in Cambridge, which is rapidly increasing in commercial importance and is one of the fastest growing cities in the UK. This looks set to continue – not least driven by the wider strategic plan for the region including the Cambridge-Oxford arc and expressway – and we are seeing an increasing demand particularly for planning and consulting services from businesses seeking to capitalise on this growth. I look forward to working with the wider Rapleys team to help clients seize these opportunities.”

Rapleys’ Cambridge team can be contacted at 20 Station Road, Cambridge CB1 2JD / 0370 777 6292.

As an Investor in People (IIP) awarded company, Rapleys is committed to our staff and their development. We are pleased to announce that we have continued to grow our team in the last three months with 10 new professional appointments.

Our new team members will allow us to better service our clients and promote new service lines across our office network.

Please click through to the full newsletter to meet our new team members and those who have been awarded promo

Jonny’s role is to advise pension funds, financial institutions, property companies and private individuals on the sale, purchase and funding of income producing UK commercial property.

Although the majority of work is transactional, Jonny’s role is to advise UK and overseas clients on their property portfolios. Advice typically constitutes guiding property values, highlighting asset management potential and analysing properties for purchase and exit strategies.

Clients include: AXA Real Estate Investment Managers, Palmer Capital Partners, RREEF (now Deutsche Asset & Wealth Management), Threadneedle Property Investments,TH Real Estate, Moorfield Group, Palace Capital plc, CCLA Investment Management, Siemens Real Estate, Wm Morrison plc, Central England Co-Op, Disney Inc, Malthurst Group, Mercedes Benz, Sytner Group, Lookers plc, Johnston Press plc, Milton Keynes Parks Trust, John Lewis Partnership, Pendragon plc, Bolling Investments, Marshall Motor Group, Musgrave Retail Partners (now Tesco), C2 Capital, Private Investors and Chubb Common Investment Fund (in-house fund).

Jonny specialises in working with private equity groups, property companies and HNWI’s on value added deals which typically involve repositioning of assets by active asset management, refurbishment and redevelopment angles. Experience also extends to large mixed-use developments, especially where anchored by PRS.

Jonny joined Rapleys in 2006 and became an associate in 2010. He was promoted to partner in 2015. Thus far, Jonny has acted on in excess of £1bn of transactions.

 

 

If you are looking for a change and a new job in 2018, we have vacancies!

Take a look at our careers page to see the opportunities we have available. With current vacancies across a range of our sectors and services, now is a great time to join us.

You could be working with an Investors In People awarded company, one who cares about the growth and development of our staff and the high level of service we provide to our clients.

Jump start your career in 2018 and contact Sheila Coulman for more information.

Rapleys wishes you a Merry Christmas and a Happy New Year

We would like to thank you for working with us throughout 2017 and hope you and your colleagues have a wonderful festive break.

Our offices will be closed from 1pm on Friday 22nd December and will re-open on Tuesday 2nd January 2018.

Should you need any urgent help over this period, our property management team and Facilities Helpdesk (0800 988 7021) will be open as usual.

We look forward to working with you in 2018!

Our Bristol office has moved!

We are delighted to announce that as of Friday 01 December, we have taken the opportunity to move our Bristol office to new premises located at:

21 Prince Street
Bristol
BS1 4PH

0370 777 6292
info@rapleys.com

Our newly refurbished office will provide an excellent base for our team in the heart of the city centre.

It’s business as usual and all of our phone numbers and email addresses remain as before.

Rapleys is pleased to announce the following appointments who have joined our team in the last three months:

 

Balvinder Sagoo – BSc (Hons) MRICS
Partner
Building Consultancy
Balvinder joins Rapleys to establish and lead the building consultancy team in Birmingham. Balvinder brings 17 years experience in the commercial sector acting for investors, landlords and occupiers across all sectors.
07920 016838 | balvinder.sagoo@rapleys.com

 

Stuart Lobb –  BSc (Hons) MRICS
Associate
Automotive & Roadside
Joining Rapleys’ automotive & roadside team in our Manchester office, Stuart brings 15 years of experience across agency, development and valuation.
07831 099095 | stuart.lobb@rapleys.com

 

Maria Dychala – BA (Hons) MA
Planner
Town Planning
Maria has previously worked for a private planning and development consultancy and joins Rapleys with a wealth of experience in projects across England, Scotland and Wales.
07867 537091 | maria.dychala@rapleys.com

 

Clement Lam – MSc
Senior Surveyor
Corporate & Investor Management
Clement joins with almost 20 years experience in residential, commercial and asset management whilst in Hong Kong and New Zealand.
07917 536613 | clement.lam@rapleys.com

 

Tom Cherry – BSc (Hons) MRICS
Senior Surveyor
Building Consultancy
Joins our London team with 9 years experience.
073929 088129 | tom.cherry@rapleys.com

 

Taya Cotterill – MPLAN MRTPI
Senior Planner
Town Planning
Joins in Bristol after previously specialising in residential.
07917 567263 | taya.cotterill@rapleys.com

 

Will Primrose – BSc (Hons) MRICS
Senior Surveyor
Retail & Leisure
Joins the London team with extensive experience in the area.
07879 417824 | will.primrose@rapleys.com

 

William Seddon – BSc (Hons) MRICS
Surveyor
Automotive & Roadside
Transferring from Rapleys’ retail group to automotive & roadside.
07786 264490 | william.seddon@rapleys.com

 

Courtney Rodda
Credit Controller
Corporate & Investor Management
Joins as a credit controller based in our Huntingdon office.
01480 371428 | courtney.rodda@rapleys.com

 

Grant Allan – MA (Hons) MSc
Planner
Town Planning
Joins the Edinburgh planning team working across various sectors.
07920 061235 | grant.allan@rapleys.com

Rapleys is delighted to announce that four of our graduate surveyors have passed their APC and are now registered members of RICS. This was a 100% success rate for Rapleys.

We pass on our congratulations to:

Well done all!

We have much to report as the business enters its new financial year from May 1st. Here are just some of the headlines.

Birmingham and Building Consultancy

Balvinder Sagoo has been appointed as Partner to establish and lead our Building Consultancy team in Birmingham and the wider Midlands.

Balvinder joins from GVA where he acted for a range of private sector clients and brings with him extensive experience in all aspects of commercial business surveying.

Rapleys entered the Birmingham market in 2016 with the acquisition of Bartlett Property. Balvinder’s appointment enhances and expands our service offering from the Birmingham office (which already comprises professional and transactional business). Watch this space for further appointments in Birmingham over the coming months.

Corporate & Investor Management

Our property management business has been strategically renamed Corporate & Investor Management.

Under the leadership of Jeremy Day, who joined as Partner in January, this is an increased area of focus for Rapleys. The rebranding more accurately reflects the variety and scope of our work for corporate occupiers and property investors.

The team’s structure now allows us to deliver best practice and develop our distinct corporate and investor capabilities. We are adding to our technology platform to provide enhanced access for clients, as well as increasing our consulting services.

The team manages real estate in all sectors nationally from our hub in Huntingdon and our five other UK offices. Our professional staff are experts in the management of data, on-boarding portfolios and taking care of the important day to day duties, including service charges, insurance, rent collection and payment. The focus is always on quality, responsiveness and good customer service, with a careful eye on risk management and compliance to keep everyone safe.

Retail

We have restructured our retail business in the interests of providing a more dynamic and cohesive offer to the market.

Previously, the partnership’s retail business comprised distinct teams in agency, development and lease consultancy. Now, these service lines are combined into a single market sector team (operating from all our six offices), with national support from our investment, management and planning departments.

This new retail team will be led by Alfred Bartlett, with Russell Smith maintaining responsibility for agency and Tim Holt being the principal contact for lease consultancy. They are all partners.

Promotions

We are pleased to announce the following promotions:

Dan Cook – Partner

Mark Frostick – Senior Associate

Guy Owen – Senior Associate

Robert Frost – Associate

The promotions reflect the contributions made to our business and, more particularly, our client base.

Robert Clarke, Senior Partner, commented that “The business continues to grow and remains committed to the pursuit of high quality service lines, on a nationwide basis, for the benefit of our clients. These headlines demonstrate our drive to deliver.”

Rapleys will now offer Neighbourly Matters services after the appointment of leading specialist, Dan Tapscott. Dan, who joins as a partner, will establish and lead the national service offering from his base in Bristol and is looking to quickly establish a team across the UK.

The new department will help drive forward Rapleys’ long-term strategy to cement its position as one of the UK’s leading independent property and planning firms. 

Focusing on rights to light, party walls, daylight & sunlight amenity and access arrangements, Dan will support developers in maximising the development potential on their sites from inception to completion. He will also be representing neighbours to construction projects to protect and preserve their assets.

The team has already begun to be built with Jo Colebrook joining as a graduate surveyor in January.

Dan states “I am genuinely excited to be joining Rapleys. They are focused and ambitious and their multi-disciplinary services compliment my skillset in the field of Neighbourly Matters perfectly.

Having gained experience on notable schemes over the past 10 years in the South West, I am looking forward to replicating this throughout the Rapleys office network and establishing our team as the go to provider of Neighbourly Matters consultancy services UK wide.”

Robert Clarke, senior partner at Rapleys, commented:

“I am looking forward to working alongside Dan. He has an excellent reputation in the market. His appointment demonstrates our ability to attract specialist, and quality, professionals to the partnership. He will lead our new service line in neighbourly matters. His skill set will complement our existing Building Consultancy and Town Planning teams, to the benefit of our client base.”

The Chancellor presented the Autumn Statement on  Wednesday 23 November with some announcements impacting the property and development markets. Rapleys wraps up the key points below.

Planning
Despite including housing in one of the four key areas to be targeted by the £23bn of spending generated from the NPIF to 2021/22, the Statement failed to deliver a silver bullet for housing delivery. We will await the much anticipated Housing White Paper to deliver the detail.

The focus on investment in traditional and technological infrastructure is, however, welcomed. It is often these areas which act as ‘pinch points’ in themselves for both economic and residential development capacity. The commitment of £2.3bn investment in infrastructure to unlock potential for 100,00 new homes in areas of high demand, can only be welcomed as a fiscal aid to support viability. However, it’s questionable whether the proposed £23,000 per plot is an efficient approach.

Similarly, the support to increase affordable housing delivery is much needed but there was an absence of detail in how this will represent an effective approach in light of the 1m home target over the parliament, which is well short of its objective.

Of potential significance is the commitment to relax restrictions on government grants to allow providers to deliver a wider range of housing, which could translate into a stimulus in starter home delivery and Private Rented Sector accommodation.

However, it is the commitment to the balance of budget and investment, with focus on new infrastructure delivery to provide an environment to support economic and residential growth which will be the headline of the statement for the development industry, alongside the requirement for Local Councils to make tough decisions on the location of development.
Ben Read | 07747 757639

 

Housing
The Chancellor’s announcements in relation to the housing market appear to be shifting away from the previous Chancellor’s almost entire focus on home ownership, to a more balanced housing market. The RICS have reacted positively to the announcements on increased investment for affordable housing, particularly for affordable rent.

Alongside the £2.3bn to be spent on infrastructure, the government also committed to an additional £1.4bn to be spent on affordable housing, which is in addition to the £4.7bn that was previously announced. The money will help fund an additional 40,000affordable homes. The Government has also lifted the restrictions limiting the funding to homeownership products. This is a clear indication of a shift back towards a more balanced housing market to take into account the decline in home ownership and increasing importance of good quality rental stock.
Nick Fell | 07964 558697

 

Business Rates
For business rates, there were limited announcements from the Chancellor. The most revealing announcement was confirmation that rates bills will go up by a maximum of 43% year on year in 2017/18, and a further 32% the year after for those RVs over £100,000. These were pitched as a saving from 45% and 50% respectively, but these were figures out to consultation only and still represent increases more than 20 times the current rate of inflation—once again leaving businesses short changed.

He confirmed a previously announced scheme offering rate relief to the hard pressed Oil and Gas exploration sector, and a doubling of Rural Rate Relief to 100% from 50%. The announcement that new fibre optic broadband infrastructure will benefit from 100% relief for 5 years will benefit BT Openreach significantly, but very few others.
Alan Watson | 07917 352428

 

Business Space
The continued focus of the Autumn Statement on the development of housing indicates that the trend of existing office and industrial floorspace and land supply being lost to residential use is set to continue. The consequence will be growth in office and industrial land prices and a strong growth in rents.
Colin Steele | 07860 749034

 

Scotland
The key impact to the Scottish market will come via the City Deal funding announcement which will bring economic growth and development to infrastructure and strategic projects. A City Deal agreement for Edinburgh is confirmed, proposals from Perth and Dundee are being considered and talks will begin shortly on Stirling.

The Chancellor stating that every city in Scotland will be on course for a City Deal gives local areas greater powers and freedoms to help support economic growth, create jobs or invest in local projects.
Neil Gray | 07467 955228

 

Property Management
The Chancellor stated that insurance premium tax (standard rate) will increase from 10% to 12% which will see this type of tax doubling within 2 years. This will lead to additional expenditure on buildings insurance and we expect those with large property portfolios to be significantly hit.

The announced increase in the national living wage to £7.50 from April 2017 will also cause an impact to property management costs as it is highly likely that we will see contractors (receptionist, security, landscaping providers etc) passing this cost onto their customers meaning landlords and tenants should prepare themselves for increased service charge budgets and expenditure.

However, the Carbon Price Support will be capped to 2020 which should reduce the increase seen on energy bills for end consumers, helping reduce the expenditure seen on utilities.
Mark Coles | 07785 522956

Please contact a member of the team if you would like more information on the Autumn Statement and the impact it may have on your property or portfolio.

Our Manchester office has moved!

We are delighted to announce that as of Monday 08 August, we have taken the opportunity to move our Manchester office to new premises located at:

55 Spring Gardens
Manchester
M2 2BY

0370 777 6292
info@rapleys.com

Our new office, with its modern, open plan space gives us an ideal base from which to build on relationships with clients in Manchester and the wider area.

It’s business as usual and all of our phone numbers and email addresses remain as before.

Rapleys is delighted to announce that it has appointed Ben Read as a Partner based in its Bristol office.

Ben joins the practice’s nationwide planning department and will be promoting a range of planning applications for developers, land owners and occupiers. Prior to joining Rapleys Ben was with Hunter Page.

Senior partner Robert Clarke at Rapleys commented: “I am pleased to welcome Ben to the partnership. He brings a wealth of experience in managing, and promoting, residential and commercial schemes through the planning system. He will, undoubtedly, foster and contribute to our ever growing planning business (both nationally and in the south west market).”

Ben Read commented: “I am delighted to have joined Rapleys and am looking forward to contributing to a nationally recognised planning team in what is an exciting period of growth for the business.”

 

We are also pleased to welcome the following new starters to Rapleys:

Pankaj Vara as an associate in the viability/affordable housing team based in the London office.

Andrew Priestley as a surveyor in our development consultancy team based in the London office

Alexandra Weatherilt as a surveyor in the automotive and roadside team based in the Manchester office.

Simon Burrage as a surveyor in the building consultancy team based in the London office.

Matthew Nicoll as an associate in the property management team based in Huntingdon.

Leading property and planning consultancy Rapleys has today unveiled a significantly refreshed brand and visual identity as it continues an unprecedented period of growth and expansion. The firm’s new look, including a new website, will help drive forward Rapleys’ long-term strategy to cement its position as one of the UK’s leading independent property and planning firms. 

For more than 60 years, Rapleys has provided market-leading advice and services to a broad range of clients across a diverse range of sectors, including automotive & roadside, retail & leisure, business space, healthcare and residential. The new Rapleys brand will build on this heritage, but also look to the future and the firm’s ambitions.

The launch of the new brand comes at a major juncture in the firm’s evolution. Since the election of Robert Clarke as senior partner in April 2015, the firm has significantly accelerated its growth and expansion. This has included, for the first time in its history, the pursuit of strategic acquisitions, beginning with chartered surveyors Biscoe Craig Hall in September 2015. The firm also recently announced the acquisition of commercial property advisers and surveyors Bartlett Property, adding Birmingham to its existing network of five offices across the UK.

Rapleys’ new brand will assist this growth profile, nurture the firm’s highly-valued and longstanding client relationships and establish a platform for success in a new era by putting the firm’s client-focussed, highly personal and commercially driven approach centre stage on a national basis.

Robert Clarke, senior partner at Rapleys, commented:

“This is an incredibly exciting time for Rapleys, with a number of recent acquisitions contributing to our continued expansion. Refreshing our brand was a natural next step in this journey, and positions us well to further accelerate our growth and realise our ambitions.

“The property industry is rapidly evolving, with new demands from clients creating both challenges and opportunities. With the right mix of organic growth and targeted acquisitions, we are better placed than ever to provide market-leading advice on a personal and nationwide basis to clients as they look to succeed and thrive in this dynamic property landscape.”

As part of Rapleys’ continued investment in the development of employees we are pleased to announce the latest promotions:

  • Alun Jones (Development, London) to Equity Partner
  • Graham Smith (Charities Consultancy, London) to Non-Equity Partner
  • Jennifer Lemen-Hogarth (Lease Consultancy, Bristol) to Senior Associate
  • Jemma Cam (Town Planning, Bristol) to Associate
  • Gary Collins (Town Planning, London) to Associate
  • Jessica Lockwood (A&R/Development, Huntingdon/London) to Senior Surveyor

“The promotions reflect their contributions to the business and are thoroughly deserved. I would like to thank them for all their hard work and support in the continuing growth and success of the practice.” Rapleys Senior partner, Robert Clarke.

Property and planning consultancy, Rapleys, is delighted to announce that it has achieved the Standard Award for Investors in People following a recent assessment.

This success reflects its commitment to its staff and acknowledges the efforts of everyone who works within the organisation.  Excellent service to clients can only be achieved by staff that are motivated, properly trained and given opportunities for development. Rapleys has an excellent rate of repeat business and this fact is testament to the quality of the staff it employs.

Investors in People (IIP) provides a framework for organisations to improve their business performance through the development of staff, in order to help them and their company reach their personal and collective potential.
The IIP assessor’s report noted “…. Rapleys culture is an extremely positive one and feedback from the staff confirmed this.”

Robert Clarke, senior partner of Rapleys, commented:

“We are extremely pleased to have been awarded IIP accreditation. It provides us with a framework for planning future strategy and action. The firm would not be what it is today without our dedicated staff and it is only right that we invest in them and their future.”

Rapleys is pleased to announce the acquisition of commercial property advisory and surveying firm Bartlett Property. The addition of the Birmingham-based firm further expands Rapleys’ existing office network to six locations across the UK, alongside London, Bristol, Edinburgh, Huntingdon and Manchester.

Bartlett Property has been operating for over 10 years and has developed a market leading position in the retail, leisure, roadside, and trade park arenas. The company is recognised as providing in-depth and comprehensive advice in relation to the acquisition, disposal, development, investment, and asset management within its specialist sectors.

Bartlett director Alfred Bartlett, who is well known to Rapleys, having worked at the firm in the 90’s joins as partner and will lead the Birmingham-based team from its offices at Cornwall Buildings, 45 – 51 Newhall Street, B3 3QR.

This deal represents the second such acquisition by Rapleys in less than a year. In September 2015, the firm announced the acquisition of London-based chartered surveying firm Biscoe Craig Hall, the first acquisition in its 60-year history.

Robert Clarke, senior partner of Rapleys, commented:

“I am delighted to welcome Bartlett Property to Rapleys. The firm’s sector capability clearly complements Rapleys’ core areas of expertise, and will further enhance and develop our offering to clients. We are very much looking forward to working closely with Alfred again, and we welcome both his regional and sector knowledge to the team.”

“This acquisition is part of our on-going strategy to expand the business and continue our trajectory of growth. This move into Birmingham and the Midlands is another piece in the geographical jigsaw, enabling us to provide a nationwide service to our clients through our office network.”

Alfred Bartlett added:

“I have always had an affinity with Rapleys and am very pleased to be re-joining the fold. I am looking forward to contributing to the firm’s continued growth which couldn’t come at a better time given the thriving Birmingham and Midlands market. The opportunity to expand our client base and demonstrate not only the specific retail agency and development skills that Bartlett Property brings but also the wider and comprehensive services that Rapleys offers is very exciting. The combination of services will also better serve the combined client base nationally.”

Following David Cameron’s recent announcement that businesses affected by flooding will get 100% business rates relief, Rapleys is offering to help anyone in need of assistance in England to get the appropriate relief, completely free of charge.

The government’s plans, while short on detail, appear largely to be a re-announcement of the existing guidance that any business premises affected by flood damage which renders the premises incapable of occupation will qualify for 100% relief from business rates for a period up to three months from the date of the flood.

In the event of flood damage being experienced, an application must be made immediately to the relevant local council.

Rapleys is offering assistance free of charge to anyone in England who needs help in securing the relief on offer, and we would urge anybody who feels they might be entitled to a reduction to contact one of our team:

Nik Moore
07831 099095
nrm@rapleys.co.uk

Alan Watson
07917 352428
acw@rapleys.co.uk

Mike Rose
07599 285201
jmr@rapleys.co.uk

Stacey Jolly
07714 133953
scj@rapleys.co.uk