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Diversification via Development Seminar

Diversification via Development Seminar - Sheldon Bosley Knight

Diversification via Development Seminar - Sheldon Bosley Knight Sheldon Bosley Knight were delighted to sponsor the recent Diversification via Development Seminar hosted by Warwickshire Rural Hub on Tuesday 30th April.

The  Seminar provided an opportunity for farmers and landowners to learn more about the options available to them for converting farm buildings to residential use. Daniel Jackson, Director of Sheldon Bosley Knight and an Associate of the Royal Town Planning Institute, was joined by two other local experts who between them covered the planning, finance and tax implications of rural diversification.

Daniel explained the Class Q Permitted Development rights that were introduced in 2014 and which apply to buildings that were in agricultural use on 20th March 2013.

Diversification via Development Seminar - Sheldon Bosley Knight He gave some examples of Class Q applications and discussed the common pitfalls to be aware of including the maximum floor space that can be developed, the number of dwellings allowed and the deadline for completion of the building.

Daniel and his planning team have worked on a number of successful Class Q applications and he emphasised the importance of seeking professional advice for anybody considering Class Q development given the strict criteria that applies.

The audience also heard from Daniel O’Donnell from Rosconn Strategic Land who discussed the role of Promotion Agreements and their value to the landowner, and Mark Dickin of Ellacotts explained the all important tax implications.

The seminar was very well attended with over 85 guests who enjoyed networking over hot bacon baps and the opportunity to ask questions of the speakers.

For further information and to discuss your own rural diversification plans, please get in touch with Daniel on djackson@sheldonbosleyknight.co.uk.

 

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Brexit – Boom or Bust

That the prospect of Brexit has caused some uncertainty for business is a significant understatement; agricultural business is not immune.

The Agriculture and Horticulture Development Board (AHDB) have produced a Brexit Impact Calculator, which appears to demonstrate that nearly all sectors of UK agriculture are to be negatively affected whatever the Brexit outcome. The proposed Agriculture Bill, currently working its way through the House of Commons, will see changes to the Basic Payment Scheme with cuts, particularly to the larger beneficiaries and money syphoned off to pilot a new environmental land management system.

At the very least farmers can expect this to be a time of change. Some flexibility in how each farm business operates will be essential. Further diversification opportunities should be explored, and the farm canvas painted in a way which maximizes the value of the asset for its income earning potential. Sheldon Bosley Knight are well placed to deliver advice on many forms of diversification, and for the alternative uses of land and buildings.

Productivity increases will be essential to maintain a margin on traditional agricultural enterprises. There is a very big difference between the top and bottom, in the scale of economic performance in UK agriculture. Many more will need to find ways of reaching the top to survive, and this will have to involve collaboration, cooperation, and improving skills including in business management.

James Walton Partner and Registered RICS Valuer
James Walton FRICS FAAV

Director & RICS Registered Valuer

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Converting Potential into Planning Permission

barn conversions before and after - Sheldon Bosley Knight

Recent changes in planning policy mean it is now easier than ever to get planning permission on unused, rural buildings.

Planning permission provides you with a more valuable asset and the opportunity to sell or build.  The planning process can be testing at times but our award-winning team includes senior and experienced planners and architectural technicians, capable of providing a full end-to-end service to assist our clients in securing the necessary permissions.  The graphic below explains the full process right through to sale of the new property.

the Planning Process

barn conversions before and after - Sheldon Bosley KnightOnce permission is approved the team can assist  with the preparation of building regulations drawings, preparation of tender documentation to approved contractors, contract administration, monthly valuations and once complete, we will market and sell the property on your behalf.

Our team has experience in barn conversions throughout the Stratford, Warwick and Cotswold Districts and last year they won the “Best Conversion of an Existing Building” category at the LABC – Local Authority Building Control Building Excellence Awards 2017 in conjunction with Stratford-on-Avon District Council.

Even if you haven’t the appetite or resources available to pursue an opportunity yourself but would consider a sale of a building suitable for conversion we have a range of options that you may wish to consider.

For more information please email Daniel Jackson, Director, in full confidence at djackson@sheldonbosleyknight.co.uk.

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Introducing SBK Equestrian

SBK Equestrian

SBK EquestrianSheldon Bosley Knight Rural Department are delighted to announce the launch of our new specialist department “SBK Equestrian”, which further strengthens our existing equestrian services.

SBK Equestrians combine local property expertise with first hand equestrian knowledge enabling us to provide comprehensive and relevant advice on equestrian property matters including sales, lettings, valuations, planning advice, and much more.

We have developed a very large rural and equestrian client base throughout the region covering a variety of advice requirements across the equestrian property sector.  We are also affiliated to the UK’s leading Equestrian Property portal www.equestrianproperty4sale.com and regularly receive enquiries from equestrian enthusiasts interested in moving to the area.

HorseMany landowners are diversifying into the equestrian market and are looking to us for appropriate planning advice or for help in negotiating suitable terms for proposed commercial lettings. Recently we have sold a collection of pony paddocks, as well as various rural and village properties with amenity land ideal for setting up the perfect equestrian family home.

Our 2018 equestrian sponsorship programme is also in full swing and we are delighted to continue our sponsorship of locally based International Event and Dressage riders, Owen Cooper and Katie Richards. We wish them well for the season ahead. We have commissioned a special interview with Owen and Katie on life as professional competitors and will be publishing that interview very soon.

In the meantime, for more information about our new SBK Equestrian department and the services we offer, please download our SBK Equestrian leaflet or contact Laura Gaydon at lgaydon@sheldonbosleyknight.co.uk / 01608 66166 for more information.

You can also follow us on Twitter: @SBKequestrian