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Commercial Department Sell £4 Milllion Portfolio for Single Client

The Commercial department at Sheldon Bosley Knight have spent the past 18 months working on a significant brief, to sell a 37 commercial units spread over 10 sites, on behalf of one client. We are proud to have completed the final sale earlier this month and have a very happy client!

The team were approached by one of our long standing commercial management clients, Shilpalm, to advise on the disposal of their extensive commercial property assets. Built up over the course of the careers of two well-regarded Birmingham based property industry experts, the portfolio spanned across Oxfordshire, Warwickshire and the West Midlands.

With tenants ranging from ballet schools to brewers and fast food joints to fabricators, each sale required a detailed knowledge of the buildings, lease structures, tenant strengths and local rental and sales values. An investors/acquisition contact list, built over years, enabled us to approach known charitable and family trusts, pension schemes, local authorities, acquisition surveyors and individuals to dispose of the whole portfolio. This was conducted mainly off market, which was important to the client, and at prices which they were extremely pleased with.

The Shilpalm instruction was lead by our Chartered Surveyor, Richard Connolly, and Associate Director, Mark Treadwell. Richard Connolly commented:

     “I first met the clients some fourteen years ago, when I sold them Willmotts Business Estate site opposite Pershore Train Station.  Over the intervening years, the working relationship we developed has led to numerous agency, then management and finally disposal instructions.  It was a complicated instruction and, though obvious, preparation was key. It has been a pleasure working for Shilpalm, though we are all pleased that we have crossed the finish line.”

Despite the limitations of lockdown, Mark is confident that the industry will continue to thrive, now that coronavirus restrictions have been eased. He added:

     “The commercial market is really picking up again. Our sales are already back up to about 90% of pre-lockdown levels and we’re receiving a high volume of industrial enquiries, so client confidence remains high. With many businesses moving to a more supply and distribution based model, we’re in a really strong position going forward. We’re taking precautions but social distancing is easy when viewing large warehouses, so clients have nothing to worry about.”

If you have any questions or if we can advise on any commercial property matters, contact our Commercial team on 01789 387882. To view Sheldon Bosley Knight’s current range of Commercial properties for sale and let, click here.

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Meet The Team: Sarah, Lettings Consultant

Sheldon Bosley Knight are delighted to welcome a new Lettings Consultant, Sarah Scaysbrook, to our Shipston on Stour team! Sarah has an impressive 15 years of experience letting properties across Warwickshire and we’re excited to see what she brings to the team. We asked a few questions to get to know Sarah:

What was your first job in the property industry?

I was a Lettings Associate for an independent estate agency in Warwickshire and have been working in local estate agency ever since.

What attracted you to working in lettings?

I have worked in the property industry for 15 years now and was initially drawn to the industry as I had a keen interest in art and design, particularly architecture but wanted to apply my skills to something which I deemed practical. Sheldon Bosley Knight has a long standing heritage in Shipston and is held in high regard locally, this was partly what drew me to the company.

What have you enjoyed most about your time so far at Sheldon Bosley Knight?

Since joining the company I have enjoyed meeting the team as everyone has been so welcoming and it has also been lovely working in my home town after years of commuting. I hope to share with the team my knowledge and experiences gleaned from years in the letting industry but in particular my passion for delivering a high standard of service.

Sum up your job in 3 words?

Busy, varied and satisfying!

Which local restaurant would you recommend?

My favourite place to eat and drink is easily the Bower House in the market square, the Bower Sours are divine!

What’s the best piece of advice you have ever been given about estate agency?

The best industry advice I have ever been given is that you only have one opportunity to make a good first impression and I think of this whenever I meet a new client, it also relates to the success of marketing of a new property.

Where in the world would you most like to live and what style of property would you live in?

If I could live anywhere else in the world it would be St Ives in Cornwall, we would love to build our own house one day and love the Huf Haus style.

Which celebrity’s house would you most like to view?

Being a big fan of Grand Designs, I would love to see inside Kevin Kevin McCloud’s house!

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Sheldon Bosley Knight Appoints David Fisher As Stratford Sales Manager

We are pleased to announce that we have appointed a new Sales Manager for our Stratford-upon-Avon office, David Fisher. As we gradually ease out of lockdown and into the new normal, the property market is picking up speed as the spring market has bottle-necked. Our viewings have already returned to pre-lockdown levels and appraisals are in excess of previous demand. In order to continue providing the best possible service to our clients, we’re expanding our sales team.

David has an impressive ten years of experience working in Stratford estate agency, so brings a wealth of local property knowledge and insight to the team. His previous roles include Branch Manager at Edwards and Local Property Expert at Purple Bricks, covering the Stratford, Redditch and Alcester areas, so we are excited to see what he brings to the role. Our Director, Mike Cleary, said:

     “David has been a very important appointment for Sheldon Bosley Knight. Given his excellent knowledge of the agency market in Stratford and our impending growth, bringing him in was an easy decision and I’m sure it’ll prove to be the right decision. We are delighted to have him on board our fantastic sales team. Welcome to the company, David!”

David responded:

     “I was keen to join Sheldon Bosley Knight because of its strong local reputation and the unique structure of having so many different property specialisms under one roof. I’m looking forward to working with each department to bring a personalised service to clients throughout their property journey.”

David has been quick off the mark, bringing in new business in his first week. Adapting his approach under the COVID-19 restrictions, he first conducted a viewing over Facetime, which lead to an in-person viewing and an offer being made. On the post-lockdown property industry, David commented:

     “The industry certainly needs to adapt to the current climate of uncertainty and I think it’s about taking estate agency back to old school methods. For me, the best sales are agreed off-market and are about making personal connections with clients – proactively keeping in touch at every stage to reassure them.”

While national housing stock remains low in the wake of the coronavirus, demand is high as many buyers have realised during lockdown that their space is no longer working for their family. This means that now is a great opportunity for sellers and many properties are selling above guide prices.

If you’re thinking of selling a property in the Stratford-upon-Avon area, give David Fisher a call on 01789 387887 or email dfisher@sheldonbosleyknight.co.uk.

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Leamington Sales Team Achieve 99% Asking Price Average

Sheldon Bosley Knight are selling more houses in CV31 and CV32 than any other estate agent post-lockdown! We are thrilled to announce that our recent property sales in Leamington Spa are securing an average of 99% of asking prices.

According to Rightmove Insights, Sheldon Bosley Knight lead the seventeen local sales offices registered between May 1st and June 8th 2020.

When the UK entered lockdown on March 23rd, the property market came to a standstill. Fortunately, estate agents were allowed to reopen on May 13th and our first month back in business has been strong. Our industry is steadily recovering from lockdown and now is the perfect opportunity to move house. In a recent Rightmove survey of 800 home movers, 94% of those planning to move before lockdown still plan to – so what are you waiting for? 

Speaking on the recent success, Associate Director for Leamington Spa, Andrew James, said:

     “This is the fourth week of our offices being open for physical viewings and market appraisals and what a month it’s been!  Activity levels are extremely promising and my advice to those thinking of selling, is to call me on 01926 430555. There is demand out there, we are achieving fantastic prices with some properties selling for over the guide price.”

Well done to our dedicated staff in Leamington for your continued hard work and excellent results!

Click HERE to book a property valuation.

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Meet the Team: Natasha, Town Planner

What was your first job in the property industry?

I worked as a planning, sustainability and marketing intern at The Green Deal Group in North Devon, giving planning policy advice to prospective customers between my first and second years of my undergraduate degree.

What attracted you to working in planning?

Growing up with my grandfather as the Executive Member for Planning on North Devon District Council, I was often taken along to planning functions. Whilst working on the Joint Local Plan, he asked me to give my input as a young person on how I envisaged North Devon developing in the future and how I felt it best to protect the environment. Getting involved in preparing the vision (that is still being implemented today) really started off my love of planning.

What have you enjoyed most about your time at Sheldon Bosley Knight?

Having the opportunities to see projects through from beginning to end, due to the range of land and property services offered by the company. I don’t think there are many planning consultancies where you can undertake an initial site visit, then prepare a scheme and two years later see these proposals become a reality!

Sum up your job in 3 words?

Action gets results!

What are you currently working on?

Numerous barn conversions. Living in a rural area, there is always a barn or two to convert – but there are such a variety of structures to work with that each one we design is completely unique.

Who or what inspires you most?

My family, they always told me I could do anything I wanted.

What’s the best piece of advice you have ever been given about the planning industry?

“The past is behind, learn from it. The future is ahead, prepare for it. The present is here, live it.” I think this is of particular relevance during the pandemic!

Where in the world would you most like to live and what style of property would you live in?

In Warwickshire, there is so much history here, why would I want to live anywhere else? I would love to live in a traditional brick barn conversion with historic features.

Who would your dream celebrity planning client be?

Prince Charles! He seems to have such a grasp on sustainable settlements (e.g. Poundbury) so it would be interesting to work on a project with him.

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Natasha Blackmore da Silva Attains RTPI Chartered Town Planner Status

We are extremely proud to announce that a member of our planning team, Natasha Blackmore da Silva, has recently been accredited as a RTPI Chartered Town Planner.

A Chartered Town Planner, the ultimate qualification for the profession, is awarded exclusively by the Royal Town Planning Institute (RTPI).

Natasha, 27, joined the Sheldon Bosley Knight team as an assistant planner in 2015, after graduating from Royal Holloway University with a masters in Geopolitics and Security. Upon graduation, she first gained experience as a planning policy consultant, working on compliance of renewable energy installations and a variety of residential planning led projects. Finally, following the RTPI’s Assessment of Professional Competence, Natasha is now a RTPI Chartered Town Planner.

Natasha said:

     “I am very proud to be a member of the prestigious RTPI and help the Institute promote planning as a profession. I’ve worked hard to make this next step in my career and look forward to progressing further within the planning industry.”

Dan Jackson, our Director, responded:

     “Years of hard work have paid off for Natasha.  I’ve worked alongside her at Sheldon Bosley Knight since she joined my planning team as a graduate. I’ve watched her hone and develop her skills and knowledge of the profession with such passion and determination. Natasha frequently puts me to shame with her experience of case-law and technical capabilities, manifested with an extraordinary high hit-rate in planning approvals and appeal wins across multiple Local Planning Authorities. Congratulations to Tasha on behalf of the company.”

The RTPI is Europe’s largest professional body for planners, with 25,000 members worldwide working in public, private, charitable and education sectors. As well as promoting spatial planning, the Institute sets high standards for planning education and is the only body in the UK that accredits Chartered Town Planners.

Martine Koch, RTPI Head of Membership, said:

“I congratulate Natasha for successfully making this important step in her career. Chartered Membership is the most highly sought-after professional status for planners. It demonstrates to clients, peers, the public and employers around the world that the individual works to the highest professional and ethical standards.”

All routes to become an RTPI Chartered Town Planner are competency-based, to enable practitioners from different academic backgrounds and experience to demonstrate the high standards required. Click here for more information.

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SBK Diversifies Cattle Building into Local Business Storage

Sheldon Bosley Knight have particular expertise in Class Q and Class R conversions, which are permitted development conversions for residential and commercial uses, respectively. There are instances where permitted development is not available.

One example is Woodlands Farm in Long Compton, which is owned and operated by James Walton, one of our directors. The farm lies within the Cotswold Area of Outstanding Natural Beauty. Planning permission has been obtained to diversify a 10,000sqft modern former cattle building for warehouse use, converted to a storage facility. Due to concerns expressed by the planning officer over the visual tranquillity of the AONB, the planning application required specialist consultancy advice for traffic and noise, and additional conditions apply to the planning consent. Similar projects prompt consideration of other issues before any building work is undertaken to facilitate a change of use.

VAT

Normally, VAT cannot be reclaimed on building work of this nature, unless an election to tax for VAT has been made in advance. The VAT status of the building is then maintained indefinitely. VAT must be charged on rents and on a sale, if this ever takes place, which is an issue particularly for larger, more expensive conversion projects. However, for a prospective tenant, VAT registration is often of no consequence where such tenant is also registered and can reclaim on rent demanded.

Inheritance Tax

Succession tax planning also gets overlooked often. Unless the Government makes changes to tax regimes to financially recover following coronavirus, there remains an opportunity to transfer agricultural assets whilst holding over for capital gains tax, meaning there is no tax payable if the transfer lives for seven years. Conversion of the building, which will no longer be in agricultural use, does not benefit from Agricultural Property Relief, otherwise available on farm buildings.

Further advice is available on planning and succession matters from the dedicated team of experts at Sheldon Bosley Knight, call 01789 387887.

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Meet the Team: Dan, Director and Co-owner

What was your first job in the property industry?

I was a developer at Greywell Property in Stoneleigh. After that I joined Sheldon Bosley as a town planner, before working my way up the company ladder.

What attracted you to working in planning?

I always wanted to an architect growing up, then I happened to walk into the wrong lecture theatre at a uni open day, I was sold on Planning and Development from then onwards and studied Town and Country Planning at the University of Newcastle.

What have you enjoyed most about your time at Sheldon Bosley Knight?

Watching this well respected, historic company grow and develop into an industry leading, multi-disciplined, land and property practice.

Sum up your job in 3 words?

Always be closing.

What is the most exciting thing about your job?  

There’s no feeling quite like winning a contentious planning appeal or completing a big land sale!

Describe your management style?

Proactive, productive and people-orientated.

Who or what inspires you most?

Alec Baldwin

What’s the best piece of advice you have ever been given about the industry and who was it from?

Never turn down the offer of a cup of tea!

Where is your favourite place to visit?

Twickenham.

Who would your dream celebrity client be?

Roger Federer!

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Planning During Lockdown

With coronavirus having a huge impact on most industries, it’s important to be aware of the changes and restrictions imposed on the planning system. We’d like to reassure you that the planning department at Sheldon Bosley Knight is still operating remotely and we’re able to continue delivering our usual high standard of service, without delay. While we cannot predict how external bodies (consultants, local planning authorities and the Planning Inspectorate) will cope through the pandemic, we’ll do all we can to keep your project running smoothly and update you regularly.

External Consultants

Many consultants will continue to work from home, where practical. Site visits for surveys may still be undertaken following protection measures, such as surveying individually, wearing protective clothing and remaining 2m away from clients. These measures mean that there may be slight delays in the processing of data and finalisation of reports.

Local Planning Authorities

Local Authorities have introduced temporary measures to allow planning applications to progress.
Planning Officers will not be carrying out site visits, instead they’ll be requesting photographic or video evidence as needed. Additionally, officers will not be placing site notices themselves but will ask applicants to display these and provide evidence to confirm.

Councils have cancelled face-to-face planning committee meetings in favour of video calls for the foreseeable, to debate reports and agree views without making formal decisions. Where possible, the Head of Planning and Housing has been granted temporary powers to determine all planning applications, including non-contentious matters.
Stratford-on-Avon District Council have granted emergency decision making powers to the Planning Department. Planning Officers will seek views in writing from committee members.

In all other respects, the Planning Team will continue to process and determine applications. The intention is for Local Planning Authorities to return back to usual governance arrangements as soon as it is feasible to do so.

The Planning Inspectorate

Until further notice, all appeal site visits have been postponed, causing some delays to the appeal process. However, the Inspectorate is continuing to process appeals and representations up until this point. The Inspectorate is working to deliver alternative procedures to process appeals, including virtual hearings and enquiries, accepting video evidence in lieu of site visits.

Sheldon Bosley Knight will continue to work with our existing planning clients and has capacity to take on new projects. If you have any queries or would like planning advice, email planning@sheldonbosleyknight.co.uk or phone 01789387880.

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Meet the Team: Mike, Director and Co-owner

photograph of director, mike cleary. he is wearing a suit and tie.

What was your first job in the property industry?

My first property project was when I bought a repossession on my way to work at HSBC one morning. I made enough money to pay for a skiing holiday!

What attracted you to working in estate agency?

It’s the perfect combination of people, money and property – why do anything else?

What have you enjoyed most about your time at Sheldon Bosley Knight?

Seeing the evolution of the business over the years!

Sum up your job in 3 words?

Endlessly Enjoyable and Rewarding

What is the most exciting thing about your job?

Making deals!

Describe your management style?

I try to be open and direct with my colleagues, I’m always learning from them!

Who or what inspires you most?

The challenge of the property industry, it’s fast paced and full of innovative people.

What’s the best piece of advice you have ever been given about the industry and who was it from?

Oliver Knight, a previous director at Sheldon Bosley Knight New Homes, taught me lots of useful things about the property industry.

If you could live anywhere in the world, where would it be?

Tioman Island, off the coast of Malaysia

Who would your dream celebrity client be?

The British decathlete, Daley Thompson CBE. He won two Olympic gold medals in the 80s and broke the decathlon world record four times – the greatest ever all rounder!

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Meet the Team: Sam, Rural Surveyor

What was your first job in the industry?

A placement at Sheldon Bosley in the summer of 2016, between my second year and third year at the Royal Agricultural University.

What attracted you to working in rural property?

I was brought up in a rural environment in Warwickshire. Rather bizarrely, I now assist in the management of the Estate that I previously lived amongst. I think the openness and tranquillity of the countryside got me set on a career in the rural industry.

What have you enjoyed most about your time at Sheldon Bosley Knight?

Having the opportunity to learn from professionals who are outstanding in their fields of expertise.

Sum up your job in 3 words?

Challenging, Different, Enjoyable

What is the most exciting thing about your job?

The people that I meet along with the variety of places that I visit.

What are you currently working on?

At the moment, Basic Payment Scheme applications on behalf of farmers and landowners and preparing Countryside Stewardship Scheme applications. My rural practice work continues and includes estate management, land sales, landlord and tenant issues, planning related matters and acting on behalf of parties affected by compulsory purchase.

Who or what inspires you most?

My friends and family, they are always supporting me.

What’s the best piece of advice you have ever been given about the industry and who was it from?

“Do what is right come what may”, which is the motto of the Central Association of Agricultural Valuers.

Where is your favourite place to eat out in Warwickshire?

It has to be the Bower House in Shipston.

If you could view any celebrity’s house, whose would it be?

I think it would have The Queen’s Balmoral Castle!

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Meet the Team: Richard, Commercial Surveyor

What was your first job in the industry?

Managing estates on the west coast of Scotland

What attracted you to working in surveying?

Surveying is highly flexible in the direction you wish to take your career. There’s a healthy mixture of office and site work and it’s intellectually stimulating whilst people based.

What have you enjoyed most about your time at Sheldon Bosley Knight?

As well as becoming part of a strong commercial team – seeing more of the ‘cogs’ turning in a multidisciplinary practice. There is always something interesting going on in an office that has planners, architects, strategic land, residential, rural and commercial surveyors and agents all working side by side.

Sum up your job in 3 words?

People, buildings, trust.

What is the most exciting thing about your job?

Never running out of surprises when faced with the next job or situation.

How has your role adapted to cope with coronavirus?

Working from home and not being able to conduct site visits has been the most tangible difference. Inevitably, the role of commercial property manager means that I am spending a significant amount more of my time trying to mitigate the effects on our tenants and landlords. 

Who or what inspires you most?

I generally have a couple of books knocking about within reach by Stephen Jay Gould, great one for bringing perspective.

What’s the best piece of advice you have ever been given about the industry and who was it from? 

From one who spent all his working life in the industry as landlord, tenant and agent; Richard Chivers FRICS. “The landlord and tenant relationship only works when it is mutually beneficial; happy tenant, happy landlord.”

Followed by the characteristically dry rider, “and if, to maintain that pretence the agent needs as to act as a proxy whereby both sides can vent to you exactly what they would have liked to say to each other, then best to accept this early on in your career.”

Where is your favourite place to visit in Warwickshire?

I’m always getting in the way of people whilst looking up at the architecture in Stratford-upon-Avon.

If you could survey any famous building, which would it be?

Durham Cathedral would keep me busy!