🏒 Unlocking Commercial Property Potential Through Planning πŸ“ At the Partners in Property Community training event last weekend, Stuart Vendy of Veritas Planning, shared key planning tips when considering commercial property to buy and develop: Always consult an MRTPI qualified planning consultant before purchase - that means they're accredited & should know what they're talking about! βœ… Just because something has been refused planning or prior approval before doesn't mean it will again. The refusal could be seen as a "list of things to sort out". 🚧 Class E - PD/prior approval is for change of use not external changes like windows/doors. 🏠 PD can be a quick win, decided in 56 days under delegated authority β€”but be cautious of extension requests. If you're too hasty and decline the request they may just say "no" for speed ⏳ Under prior approval they're looking at transport & highways, contamination, flooding, noise (of neighbours too), daylight, and heritage (if in a conservation area). πŸ“ Be wary of previous planning conditions preventing a change of use (or on the legal title to the property), Article 4 areas, listed buildings, national parks/AONB, and external alterations. πŸ” Interesting thought at the end of the session: Could we see social housing requirements in PD soon? πŸ€” #CommercialProperty #PlanningConsultant #PropertyDevelopment #StuartVendy #RomaFinance #LoveToLend

Posted by williamsonpropertyrentals at 2024-09-26 13:38:41 UTC