SPRING BUDGET 2024
The Spring Budget was delivered by the Chancellor on 06 March 2024, with little direct reference made to business ra...
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SPRING BUDGET 2024; What does it mean for business rates?12 Mar 24SPRING BUDGET 2024; What does it mean for business rates?
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Guidance for tenants; What to look out for in your lease09 Mar 24Guidance for tenants; What to look out for in your leaseJames Vowles, Associate Building Surveyor at Vickery Holman, advises tenants to consider their potential dilapidation costs not just at...
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How to Value Specialist Assets for Financial Accounts27 Feb 24How to Value Specialist Assets for Financial AccountsThe valuation of specialist assets for financial accounts can typically include a variety or properties from schools, leisure centres, ...
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UK GP Medical Centre Property Market: A Growing Market for Investors27 Feb 24UK GP Medical Centre Property Market: A Growing Market for InvestorsUK GP Medical Centre Property Market: A Growing Market for Investors The UK GP medical centre property market is a niche sector that of...
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How to Value a Trading Care Home A care home is a residential facility that provides accommodation and personal care for elderly or dis...
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Improvement Relief for Non-Domestic Rates (NDR)27 Feb 24Improvement Relief for Non-Domestic Rates (NDR)Improvement Relief for Non-Domestic Rates (NDR). The UK Government is taking steps towards fostering economic growth and encouraging pr...
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A Guide to Becoming an RICS Chartered Surveyor: Steps and Requirements21 Feb 24A Guide to Becoming an RICS Chartered Surveyor: Steps and RequirementsBecoming a chartered surveyor with the Royal Institution of Chartered Surveyors (RICS) is a prestigious and rewarding career path for i...
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Hotels and Hospitality lead, Mike Easton takes a look at the Dartmoor National Park and its positive impact on South West Tourism. Cove...
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Transitional relief On 1 April 2023, the government introduced a new transitional relief scheme as part of the national business rates...
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Property Management Services expanding in the Westcountry20 Feb 24Property Management Services expanding in the WestcountryProperty Management portfolio continues to expand Following our expansion strategy, our property managers are happy to announce that tw...
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Can lease renewals be quick and easy? Yes, they can! We have recently completed a lease renewal for an office in Plymouth on behalf of ...
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Cornwall’s ‘Call for (development) Sites’ Cornwall Council, as Local Planning Authority, have begun a review of their current Developm...
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Having joined Vickery Holman about a year and a half ago, joining the Truro office’s Building Surveying team in the summer of 2022, I a...
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Hart v Large; High Court case regarding surveyor negligence13 Feb 24Hart v Large; High Court case regarding surveyor negligenceHart v Large 2021 – What happened? Hart v Large 2021 is a High Court case centred around a dispute between the purchasers of a n...
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The start of an exciting career in the South West17 Jan 24The start of an exciting career in the South WestIt has been a very exciting, engaging and challenging first six months here at Vickery Holman. I first started back in July 2023 last ...
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Who has the right to apply for a lease extension?05 Dec 23Who has the right to apply for a lease extension?What is a Lease Extension? Under the Leasehold Reform Housing and Urban Development Act 1993, long leaseholders (tenants) have the righ...
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What does the Autumn Statement mean for your business? The focus was on helping businesses with tax changes, encouraging more people in...
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Non-Domestic Rating Act 2023 - what's changed?20 Nov 23Non-Domestic Rating Act 2023 - what's changed?The Non-Domestic Rating Act 2023 gained Royal Assent on 26 October 2023. As a result of the Act, the law is changing in a number of are...
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Fire Safety Regulations 2022: a brief summary20 Nov 23Fire Safety Regulations 2022: a brief summaryFire Safety Regulations 2022: a brief summary Fire Safety has become a much more prominent issue over the last couple of years. With...
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Pubs and Hotels; update on the market in the South West20 Nov 23Pubs and Hotels; update on the market in the South WestHotel and Pub Market tightens but deals still being done. Pubs and Hotels; update on the market in the South West Looking at the Autu...
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The King’s Speech and the residential property market20 Nov 23The King’s Speech and the residential property marketIn his first King’s Speech on 7th November, King Charles commented on both the Leasehold & Freehold Reform Bill & the Renters (...
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Permitted Development for Temporary Campsites in England20 Nov 23Permitted Development for Temporary Campsites in EnglandAccording to The Expert Camper, there are over 7,000 holiday parks and campsites across the UK, numerous of which are spread across the...
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Offices, retail and industrial Exeter commercial property update17 Oct 23Offices, retail and industrial Exeter commercial property updateExeter commercial property update: Our commercial agency team provide regular updates on the property, development and investment marke...
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Provision of GP services in the UK; Update from our Healthcare specialists17 Oct 23Provision of GP services in the UK; Update from our Healthcare specialistsPublicly funded GP practices, which make up the bulk of the provision of GP services in the UK, have come under growing pressure due to...
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Evolving landscape of nutrient neutrality legislation for developers17 Oct 23Evolving landscape of nutrient neutrality legislation for developersNutrient neutrality has been a hot topic in politics for quite some time, often seen as a roadblock by developers and a vital tool by e...
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The complexities of a rent review; dental surgery case study17 Oct 23The complexities of a rent review; dental surgery case studyWe recently completed a rent review of a dental surgery on the Dorset/Somerset boarder, on behalf of the landlord. They had received a ...
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How to Value an Operational Entity So how to value an operational entity? The valuation of operational entities is carried out for both...
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Government Consultation on Empty Property Relief Reforms21 Sep 23Government Consultation on Empty Property Relief ReformsGovernment Consultation on Empty Property Relief Reforms At Spring Budget 2023, the government announced a consultation to explore the...
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Challenges to the student HMO market Houses of Multiple Occupancy (HMOs) serve as a vital housing option for students who can’t s...
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With the ever-evolving legislation surrounding telecoms masts, landlords regularly find themselves falling behind in their understandin...
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Disposal of Charity Owned Land We examine the two key modifications to the regulations governing the disposal of charity owned land fol...
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After a noticeably quieter Winter there has been better than reported activity in the sector in more recent months and Vickery Holman h...
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Property management portfolio continues to expand22 Aug 23Property management portfolio continues to expandAugust has been a busy month when it comes to property management and we are happy to announce that Ogwell Brook in Newton Abbot and Ke...
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Repairing leases - what they mean for commercial leases22 Aug 23Repairing leases - what they mean for commercial leasesIn commercial leases, the repairing leases obligation is generally either ‘full repairing’, where the tenant has responsibility for all...
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It has now reached the two-year mark since I joined Vickery Holman back in 2021 as a General Practice Graduate Surveyor, and this week ...
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July 2023 - Commercial, Leisure and Investment Update19 Jul 23July 2023 - Commercial, Leisure and Investment UpdateContrary to expectations, Vickery Holman are reporting better than expected market activity in Devon and Cornwall. ‘We’re completing on...
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Building Regulations June 2022 Updates What are they and why are we talking about them a year later? The Building Regulations cover ...
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Should you be paying business rates on a property in a state of disrepair? Some properties can fall into disrepair because it is not ...
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What does a Compulsory Purchase Order mean? Compulsory purchase is often quite a daunting and emotive issue. Public authorities have ...
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Insights into our Valuation services over the last 12 months By Samantha Johnson I want to take this opportunity to reflect on our valu...
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Historic Dartmoor Coaching Inn - White Hart Hotel28 Jun 23Historic Dartmoor Coaching Inn - White Hart HotelThe White Hart Hotel in Moretonhampstead dates from the 17th century and is offered for sale as a going concern The Grade II Listed Hot...
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South West Leisure sector experiencing a long awaited bounce back After a rather stagnant end to 2022 and a slow start to 2023, there a...
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Developing in the Workplace Through Continued Support27 Jun 23Developing in the Workplace Through Continued SupportI joined Vickery Holman towards the end of 2022 and have been working for just over 6 months, starting out in the Plymouth office and n...
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Inside or Outside the Landlord and Tenant Act 195420 Jun 23Inside or Outside the Landlord and Tenant Act 1954Understanding the difference between leases that are inside and outside of the Landlord and Tenant Act 1954. When it comes to commerci...
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Our pharmacy property market update is segmented based on property types, including standalone pharmacies, pharmacy chains, and pharmac...
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South West Commercial Property Market It has been a busy few months in the commercial agency department with some interesting deals hap...
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Investing in the South West defies expectations20 Jun 23Investing in the South West defies expectationsSouth West continues to experience strong demand from Investors and defy expectations. Amidst the context of yo-yoing national economi...
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STRATEGIC DEVELOPMENT LAND WHAT IS STRATEGIC DEVELOPMENT LAND? Strategic land is land identified as being suitable for major devel...
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Graduate Life - following the Commercial Real Estate Pathway23 May 23Graduate Life - following the Commercial Real Estate PathwayI joined Vickery Holman in June 2021, working within the agency team in Cornwall. During my time I have dealt with a wide range of prop...
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I have been part of the General Practice team for a little over 7 months, based in the Plymouth office. I have received guided mentorin...
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Leasehold Reform (Ground Rent) Act 2022 - extending a residential long lease11 May 23Leasehold Reform (Ground Rent) Act 2022 - extending a residential long leaseIn 2020-21, there were an estimated 4.86 million leasehold dwellings in England; this equates to 20% of the English housing stock. The...
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More successes for our Property Management team10 May 23More successes for our Property Management teamOur Property Management team have been extremely busy this year, and demand for their services shows no sign of slowing down. The team ...
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2023 Business Rates Revaluation – Challenging your New Rateable Value The long-awaited 2023 business rates revaluation is finally in ...
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The impact on the hospitality market in more recent years has been well reported and for an industry that is a vital resource across th...
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Valuation of Educational Premises As with any properties, educational establishments often require valuations to be carried out, eithe...
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After a sluggish end to the year, the commercial property market in the South West is showing pre-pandemic levels of activity, accordin...
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Implications of the Power & Kyson v Shah [2023] EWCA Civ 23926 Apr 23Implications of the Power & Kyson v Shah [2023] EWCA Civ 239It is probably a tribute to the practicality of the Party Wall Etc. Act 1996 that very few cases have ever made it to the Court of Appe...
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Biodiversity Net Gain – a new opportunity for landowners The drive to build more homes in the UK is set to open up a new market opport...
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Vet rent reviews Vickery Holman are currently instructed on a number of veterinary lease events. With many once small veterinary pract...
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Tenant Responsibilities for Upkeep of a Property25 Apr 23Tenant Responsibilities for Upkeep of a PropertyAre you responsible for the upkeep of your premises? As a tenant you have the responsibility to adequately maintain and keep the proper...
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The commercial property market remains active in the South West. Since the start of the year activity has been increasing month on mont...
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While there wasn’t much in the Spring Budget for the South West, there are plenty of changes coming that commercial property owners, oc...
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ESG and Dilapidations; looking ahead to a more sustainable end to a lease28 Mar 23ESG and Dilapidations; looking ahead to a more sustainable end to a leaseThe green agenda is affecting all aspects of commercial real estate and dilapidations is no exception. Our Building Surveying team deal...
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Commercial premises require an EPC grade of E or above. According to the Estates Gazette: ‘From 1st April 2023, commercial buildings t...
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ESG and the Working Environment – ‘A Whole New Eco-World’ Clear Change in How Occupiers Use Space It is no doubt a challenging world fo...
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Sustainability is our society’s ability to exist and develop without depleting all of the natural resources needed to live in the...
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Investment Market Update 2023 Economic Outlook and Summary. Spring is finally in the air and investor sentiment is improving followin...
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ITZA – What does it mean? If you have ever received a report from a Surveyor on a High Street retail unit, it is likely you will have...
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Business rates in retail property With new rateable values for the majority of properties just around the corner, we set out what chang...
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The presence of mezzanine accommodation within commercial premises can often lead to debate between a landlord and tenant – does ...
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Negotiating new leases for telecoms mast sites01 Mar 23Negotiating new leases for telecoms mast sitesThe introduction of the Electronic Communications Code in 2017, along with the more recent Product Security and Telecommunications Infr...
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When do you need a ‘Probate’ Valuation? You need a probate valuation for Inheritance Tax (IHT) purposes. IHT is a tax payable on a pers...
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How are pubs doing 2023 With news of pub closures being announced Mike Easton at Vickery Holman looks at the market and speaks to publi...
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So what does a property manager do? William is a Property Manager at Vickery Holman, based in our Truro office. William joined Vicker...
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Pandemic Clauses in Leases Given the unprecedented situation we were faced with back in 2020, many tenants are now mindful that their c...
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Care Home Market UK The care home market UK is expected to grow. The number of people aged 85 and over is forecast to increase from 1.7...
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Net Zero requirements for new housing in Bath and North East Somerset20 Feb 23Net Zero requirements for new housing in Bath and North East SomersetBath and North East Somerset Council adopts policy requiring new housing to be net zero. In January 2023 Bath and North East Somerset ...
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2023 Rating List - what does it mean for you?20 Feb 232023 Rating List - what does it mean for you?With the 2023 Rating List arriving on April 1st 2023, here’s our lowdown on what it means for you. 2023 Rating List Business rate...
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Lease renewals in the retail market; aggressive stance taken by retail occupiers Tenants with leases protected by the 1954 Landlord a...
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Dilapidations & Section 18 Valuation Having clear advice from a professional regularly dealing with dilapidations is key to unders...
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South West property consultants Vickery Holman and their client, Yelverton Properties, are delighted to announce that new occupiers, Br...
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2022 is well behind us now but what kind of a year was it for the commercial property market 2022 at Vickery Holman and what lies ahead...
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What is a structural survey? A structural survey is a thorough inspection of a building’s structure, including its foundations, w...
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Valuation impact of MEES on commercial property15 Jan 23Valuation impact of MEES on commercial propertyValuation Impact of MEES on Commercial Property Since 2018 and the introduction of the Minimum Energy Efficiency Standards (MEES), comm...
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Retail rateable rates reducing in new list 202315 Jan 23Retail rateable rates reducing in new list 2023The 2023 business rates revaluation looks set to reduce retail rateable values nationally by 10%, which will of course be welcomed by o...
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Vickery Holman have announced the appointment of Samantha Johnson to their Board. Samantha first joined Vickery Holman in 2008 as a gra...
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When I interviewed as a prospective graduate building surveyor at Vickery Holman’s Truro office earlier this year, I had just about com...
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When do I need a building survey? Our Building Surveyor team take a closer look at FAQ ‘When do I need a building survey?’ ...
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Levels of pub closures 2022 - and what can be done?30 Nov 22Levels of pub closures 2022 - and what can be done?With a growing number of pub closures being announced Mike Easton at Vickery Holman looks at the market and the impact that these closu...
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I joined Vickery Holman in July 2021, over a year ago now working as a General Practice Surveyor in the Bristol team. I have really enj...
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Drewe Arms, Drewsteignton – This classic Dartmoor Inn, once home to the Britain’s longest serving landlady is available to buy. T...
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Draft 2023 Rating List The long-awaited Draft 2023 Rating List has been published and has shown an increase in the total rateable value...
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After nearly 50 years in the profession, Nick Holman has announced that he will retire at the end of March 2023. Nick Holman retires Ni...
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The Autumn Statement brings good news for ratepayers! We have been watching for business rates Autumn Statement news. Business Rates Au...
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New operator takes over Porthpean Outdoor Centre15 Nov 22New operator takes over Porthpean Outdoor CentreFollowing the cessation of Cornwall Council’s provision of services at Porthpean Outdoor Education Centre earlier this year, new provid...
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Developing with Inflation Like the rest of the economy developers are having to work with inflation, which is a novelty for some, cert...
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Rent Review Negotiations; What makes up a 'best deal'?15 Nov 22Rent Review Negotiations; What makes up a 'best deal'?All instructions taken on through our Lease Advisory team essentially require us to ensure the best deal is done for our clients. For t...
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Commercial Property Exeter Industrial sector The past 5 years has seen significant growth in this sector (exasperated over the last 2 ...
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The benefits of investing in Planned Preventative Maintenance10 Nov 22The benefits of investing in Planned Preventative MaintenanceWhy should you invest in a Planned Preventative Maintenance programme? The main reason is that a PPM programme will maintain or increas...
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The retail market in Plymouth is generally divided into two categories, being the prime city centre retail offering and the secondary/n...
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In difficult trading circumstances, the Tourism Awards recognises the best and the bravest10 Nov 22In difficult trading circumstances, the Tourism Awards recognises the best and the bravestIn times of well publicised challenges, Vickery Holman shines a positive light on the hospitality sector. With the news full of reports...
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Good foundations to become a Building Surveyor03 Nov 22Good foundations to become a Building SurveyorI have been with Vickery Holman for a little over four months now, joining the Truro office in June 2022 alongside completing my master...
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Rating revaluations ordinarily take place every five years and are carried out in an effort to maintain fairness in this system of taxa...
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Life as a Graduate Property Management Surveyor17 Oct 22Life as a Graduate Property Management SurveyorI have been with Vickery Holman since May 2022 and joined as a graduate surveyor in the Property Management team in Truro, covering the...
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INTERIM DILAPIDATIONS The uncertainty with the economy is reflecting the issues that arose during the 2008 recession. At that time a nu...
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Material Uncertainty - what does it mean for you?14 Oct 22Material Uncertainty - what does it mean for you?“Material Uncertainty” is a clause which has become more widely used in valuation reports since the outbreak of Covid-19 in March 2020....
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Residential and Commercial Development Update14 Oct 22Residential and Commercial Development UpdateDespite the obvious challenges facing the development market and wider economy in general across the South West, the housing market has...
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Dispute Resolution Service for Section 18 valuation and Expert Witness15 Sep 22Dispute Resolution Service for Section 18 valuation and Expert WitnessDispute Resolution Service We have been instructed on a variety of valuation jobs in the last few months which come under the Dispute R...
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Despite all the uncertainties of recent years, the retail property market continues to function and leases continue to be renewed. One...
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I have been with Vickery Holman for just over a year now, since joining the Bristol office in June 2021 coming straight from university...
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Impact of the pandemic on business rates in the Leisure sector25 Jul 22Impact of the pandemic on business rates in the Leisure sectorUndoubtedly the past two years have been a turbulent time for the leisure sector. Prior to March 2020, no-one knew the true impacts tha...
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Pension Fund Valuations or 'Red Book' explained24 Jul 22Pension Fund Valuations or 'Red Book' explainedWe have the benefit of 19 experienced RICS registered valuers located across the South West, covering Bristol, Exeter, Plymouth and Tr...
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The Keep, Plymouth joins our Property Management portfolio24 Jul 22The Keep, Plymouth joins our Property Management portfolioOur Property Management team in Plymouth are delighted to be taking on The Keep in the historical Barbican area of Plymouth. Formerly a...
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Party Wall Agreements; do you really need one?24 Jul 22Party Wall Agreements; do you really need one?Who needs a Party Wall Agreement? Building works on a residential or a commercial property tend to be disruptive for everyone – but oft...
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There is much speculation about the High Street and what needs to be done to revive it, or is it dead? Clearly there have been high pro...
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Market for pubs remains strong in the South West24 Jul 22Market for pubs remains strong in the South WestPubs remain popular but market less frenetic than last year, says Mike Easton, Head of Hotels and Hospitality. ‘The South West pub mar...
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Getting to grips with life as a graduate surveyor19 Jul 22Getting to grips with life as a graduate surveyorI have been with Vickery Holman for nearly two years having joined the Plymouth office in September 2020. As cliché as it sounds, my ti...
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Relief for partly occupied property Most business owners aren’t aware that billing authorities have discretionary power which enables t...
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The Charities Act was last amended by way of Charities Act 2011 which sets out how all charities in England and Wales are registered an...
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Moving to shorter lease lengths: 20,15, 5, 3 and counting05 Jul 22Moving to shorter lease lengths: 20,15, 5, 3 and countingAs busy commercial property surveyors, we see a lot of leases. Once thing that has struck me in recent years is a general move to short...
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The Infrastructure Levy - a better way forward?05 Jul 22The Infrastructure Levy - a better way forward?Following on from last month’s Queen Speech and the subsequent publication of the draft Levelling Up and Regeneration Bill, we now have...
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The APC Valuation Pathway; undertaking APC as a graduate surveyor04 Jul 22The APC Valuation Pathway; undertaking APC as a graduate surveyorAPC Valuation Pathway – the view from Pip Walker I have been with Vickery Holman for just over two years, starting my surveying c...
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Investing in young professionals; helping graduates through APC23 Jun 22Investing in young professionals; helping graduates through APCAs a company, VH hold the development of our graduates as a high priority as we believe this is the bedrock to us being a diverse and p...
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Life as a graduate surveyor in commercial agency20 Jun 22Life as a graduate surveyor in commercial agencyMorwenna Pound is a commercial agency graduate, working in our Truro office. Here’s her update on life with Vickery Holman. Diary...
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Connor Davidson joined Vickery Holman after studying BSc Real Estate at Oxford Brookes University, graduating in May 2021. ‘I am ...
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2023 business rates revaluation is approaching fast08 Jun 222023 business rates revaluation is approaching fastThe long-awaited 2023 business rates revaluation is fast approaching! We expect to see a rebalancing of the tax base which will cost th...
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Signing a lease on the premises for your business is exciting but taking time to undertake due diligence is strongly recommended to avo...
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Commercial Property Market Update for June 202207 Jun 22Commercial Property Market Update for June 2022“The industrial market across the South West continues to perform strongly” reports Agency Director Alan Treloar. Commercial Property M...
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The market for pubs and hospitality in the South West remains strong, says Mike Easton, Head of Hotels and Hospitality at property age...
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Since 1 April 2017 an appeal against the business rates being charged for a property must be made through a process called Check Challe...
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Undoubtedly the past 18 months has been a turbulent time for the leisure sector. Pre March 2020 no one knew the true impacts on our dai...
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Empty property rates relief Most property types are exempt from business rates for the first three months they are vacant. After this t...
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Rates Mitigation during Redevelopment or Refurbishment21 Mar 22Rates Mitigation during Redevelopment or RefurbishmentRates mitigation during redevelopment Vickery Holman are particularly well qualified to help mitigate your business liability should yo...
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Business Rates Assessments - Checks, Mergers and Corrections21 Mar 22Business Rates Assessments - Checks, Mergers and CorrectionsOne area in which we work a great deal is actioning splits, mergers and other physical changes to a property or site. These can either ...
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One of the biggest growth areas for Vickery Holman has been the Business Rates Consultancy Service in terms of surveyors, turnover and ...
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Lack of supply of development land is increasing its value and restricting the supply of much needed new homes in the Southwest. To un...
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Following a turbulent two years which saw multiple restrictions imposed on construction sites, workforces and lenders, the residential ...
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It is no secret demand for residential accommodation in the West Country has been and is currently well exceeding supply. According to ...
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Charities (registered at the Charity Commission or are subject to the Charities Act 2011, including scout groups and places of worship)...
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The rent review is traditionally looked at as the landlords opportunity to adjust rent part-way through a lease term. As leases are gen...
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Business Rates Reform – More Frequent Revaluations02 Mar 22Business Rates Reform – More Frequent RevaluationsIn November 2021, the government launched a technical consultation setting out how it intends to give effect to a number of measures ar...
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It would not be an understatement to say the last few years have been an extraordinary challenge for the property market. Through the p...
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Office Building We recently saved our Client, the occupier of a large office building, £80,000 in business rates during a programme of...
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How can you check if you're overpaying business rates?14 Dec 21How can you check if you're overpaying business rates?Wondering if your business rates are correct – and are you overpaying? Understanding how business rates are calculated, and in what cir...
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A famous quote by Benjamin Franklin states, “in this world, nothing is certain except death and taxes.” Unfortunately, that is as true ...
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Acting of behalf of the owners of the Hour Glass on Melbourne Street by Exeter Quay, Vickery Holman are very pleased to confirm that Ex...
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Opening an office in Bristol has proved a fruitful investment for Vickery Holman. ‘Five years after opening with one member of staff in...
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We are delighted to announce that Joanne High has been appointed Head of Commercial Agency for Vickery Holman. Joanne joined the Plymou...
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Vickery Holman property consultants are delighted to be sponsoring the Tourism Awards across the South West again. We’d like to s...
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Property Consultants Bristol Exeter Plymouth and Truro offices Vickery Holman property consultants has relocated into larger offices wi...
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Sale of Langdon Court Hotel to Robert Walton MBE and Donna Ida Thornton.09 Sep 21Sale of Langdon Court Hotel to Robert Walton MBE and Donna Ida Thornton.Vickery Holman have announced the successful sale of Langdon Court Hotel to Robert Walton MBE and Donna Ida Thornton. The sale of the 1...
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Dilapidations and exit costs on rented property06 Sep 21Dilapidations and exit costs on rented propertyDilapidations and exit costs What dilapidations and exit costs can you expect on your rented property? As a tenant you have the respons...
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Vickery Holman have been instructed to market Lamorna Cove, one of the most well-known and unspoilt bays in Cornwall. One of the last b...
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Why do you need a Party Wall Agreement? When developers or owners undertake any building works, they must consider the effect their wor...
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Anyone entering into a commercial lease needs to be aware of ‘dilapidations’ and check what is specified in the lease befor...
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What is PPM? It stands for Planned Preventative Maintenance and is a management strategy that assists freeholders, landlords, tenants a...
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How have the Planning Use Class changes impacted?17 Aug 21How have the Planning Use Class changes impacted?Planning Use Class changes Nearly 1 year on from the Planning Use Class changes that came into effect on 1 September 2020, what effect ...
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Vickery Holman appoints senior surveyor in Bristol11 Aug 21Vickery Holman appoints senior surveyor in BristolWe are delighted to welcome a new member of the team into our Bristol office. We have appointed Guy Compson as Senior Building Surveyor...
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The business rates team at Vickery Holman are dealing with a whole array of instructions at the moment, mainly for tenant clients. Curr...
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Following the closure of Las Iguanas, property agents Vickery Holman are marketing the landmark, high profile building in the centre of...
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The pressure on the residential rental market in North Devon is set to become even greater with the heightened levels of interest in So...
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Lease Extension Valuation We were recently instructed by the Landlord of a ground floor, 2 bedroom flat in Bude, to provide advice on t...
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So is a RICS Registered Valuer an Estate Agent?12 Jul 21So is a RICS Registered Valuer an Estate Agent?Property Valuations and RICS Registered Valuation Surveyors When you think about property valuations, do you immediately think about bu...
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Lease extension valuation For many, one of the drawbacks of owning a flat or a maisonette on a long leasehold basis, is the concern the...
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Business Rates Revaluation - what it means for businesses16 Jun 21Business Rates Revaluation - what it means for businessesBusiness Rates and the Upcoming Business Rates Revaluation A property’s business rates bill is based on rental values from the Antecede...
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£50,000 in Rates Savings for Property Undergoing Refurbishment Works18 May 21£50,000 in Rates Savings for Property Undergoing Refurbishment WorksVickery Holman achieved £50,000 in Rates Savings for Property Undergoing Refurbishment Works We acted on behalf of the new owner of a ...
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Business rates and property undergoing redevelopment works18 May 21Business rates and property undergoing redevelopment worksUnder the current definition of rateable value there is an assumption property will be ‘in a state of reasonable repair’. The overall e...
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Charities Act Valuations – What are they and why are they needed? If you are a registered Charity, the Charities Act 2011 requir...
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Investment Property Market Commentary 2021 Q1-220 Apr 21Investment Property Market Commentary 2021 Q1-2INVESTMENT PROPERTY MARKET COMMENTARY Q1-2 2021. Vickery Holman are delighted to release the 2021 Q1 Investment Property Market update ...
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Applying 'Mazars Ruling' saves clients thousands in business rates14 Apr 21Applying 'Mazars Ruling' saves clients thousands in business ratesMazars Ruling refers to the case ‘Woolway v Mazar’ when in 2016 a Supreme Court case changed the way that the Valuation Off...
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It’s not just offices, retail and industrial units we help with business rates checks and challenges – we recently helped a cli...
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How’s it looking for the retail market in the south west? The market for empty shops in the South West’s well-heeled seaside town...
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Demand for warehouses in the South West increases01 Apr 21Demand for warehouses in the South West increasesDemand for warehouses in the South West and industrial units is increasing as retailers move operations from the high street to out-of-...
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We're recruiting for Building Surveyors and Graduates!17 Mar 21We're recruiting for Building Surveyors and Graduates!Vickery Holman are recruiting for Building Surveyors and Graduates to work across the South West to support our busy Commercial Agency,...
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The Impact of Covid-19 on Rural Relocation It was predicted by many that 2020 – 2021 would see an exodus from cities across the ...
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Charities diversify income streams in pandemic01 Mar 21Charities diversify income streams in pandemicWith a looming post-virus recession likely to make traditional fundraising channels even less effective, an increasing number of charit...
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Vickery Holman are delighted to offer land with development opportunity for sale in Okehampton, Devon 0.85 acre (0.35 ha) industrial ya...
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Women in Surveying Hear the words ‘Surveyor’ and do you think ‘Man in a high vis vest with a clipboard?’ Think again. Vickery Holman is...
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Lockdown causing deep distress for pubs and wet-led venues05 Feb 21Lockdown causing deep distress for pubs and wet-led venuesLockdown causing deep distress for pubs and wet-led venues Many pubs unlikely to survive without longer term Government support, parti...
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Bell Park Industrial Estate fully let for first time in 10 years04 Feb 21Bell Park Industrial Estate fully let for first time in 10 yearsVickery Holman Property Consultants have fully let Bell Park Industrial Estate for the first time in nearly 10 years and certainly the ...
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Vickery Holman sells land for exciting new housing development01 Feb 21Vickery Holman sells land for exciting new housing developmentVickery Holman are delighted to have acted for the land owner in this exciting housing development planned for Plymouth. Plymouth Commu...
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The Bristol office at Vickery Holman has expanded to take on 2 more surveyors into Valuation and Development. James Pullin has joined V...
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Stovax sign lease on new site negotiated by Vickery Holman15 Dec 20Stovax sign lease on new site negotiated by Vickery HolmanStovax sign new lease on site in Exeter Vickery Holman have just completed one of their biggest deals of the year with the signing of a...
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Valuations of retail properties - Insight into the High Street11 Dec 20Valuations of retail properties - Insight into the High StreetVickery Holman has recently been asked to carry out valuations of retail properties around Cornwall. Our team was instructed to value ...
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Managing delapidations - insights from Dennis Venn09 Dec 20Managing delapidations - insights from Dennis VennBusinesses looking to amend their bricks and mortar status should carefully consider how they have entered into their leases. While ma...
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Today marks 3 months since I joined Vickery Holman as a graduate general practice surveyor. In this time, I have been made to feel very...
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Successful outcomes for rent reviews; it's all about timing20 Nov 20Successful outcomes for rent reviews; it's all about timingThe Lease Advisory team at Vickery Holman have recently concluded a number of rent reviews for both Landlord and Tenant clients across ...
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What are the implications of a Section 18 valuation?17 Nov 20What are the implications of a Section 18 valuation?If you have settled a claim recently were you made aware of the implications of a Section 18 valuation? For many, dilapidations simply ...
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Insight into the Party Wall Act 1996 for developers13 Nov 20Insight into the Party Wall Act 1996 for developersDevelopers need to bear in mind the Party Wall Act when it comes to building works near other people’s structures. Following the releas...
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Over the past months there have been significant changes made to Permitted Development Rights under The Town and Country Planning (Gene...
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Now that I am starting my 24th year at Vickery Holman I decided to take a quick look back at what I have learned and achieved during my...
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Langdon Court Hotel enters the market Vickery Holman has been appointed by Together Commercial Finance to handle the sale of Langdon Co...
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Webinar on staycation market in the south west30 Oct 20Webinar on staycation market in the south westVickery Holman is launching a new webinar series, the first of which looks at the staycation market in the South West. Called ‘At...
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What’s the future for retail on the high street? The future for retail has been looking under pressure for some time. Long before...
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A Rent review allows for the periodical adjustment of commercial rents to the market level applicable at the date of review and these t...
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In response to changes in the commercial property market, we are delighted to appoint Chris Sexton to Head of Lease Advisory Services. ...
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What is Planned Preventative Maintenance (PPM)?06 Aug 20What is Planned Preventative Maintenance (PPM)?What is Planned Preventative Maintenance? It is a management strategy that assists freeholders, landlords, tenants and property manager...
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The Brief Guide That Makes Calculating Your Business Rates Simple12 Jun 20The Brief Guide That Makes Calculating Your Business Rates SimpleThe Brief Guide That Makes Calculating Your Business Rates Simple For UK business owners, there are two small words that lead to instan...
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What Do Property Management Companies Do? You’re thinking of investing, but you don’t know where to start. Somewhere, someh...
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How to Avoid Unexpected Exit Costs on Your Rented Property20 May 20How to Avoid Unexpected Exit Costs on Your Rented PropertyAre you responsible for the upkeep of your premises? As a tenant you have the responsibility to adequately maintain and keep the proper...
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Can A Section 106 Be Removed? Official statics show that 57,485 affordable homes where completed in 20218/19, up from 47,124 in 2017/18...
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Jo High and Alan Treloar attended the latest AGM of The Commercial Property Network (CPN) this week along with 30 other participants fr...
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Business Rates Relief Advice from Vickery Holman20 Mar 20Business Rates Relief Advice from Vickery HolmanBusiness Rates Relief Advice free of charge Businesses in retail, hospitality and leisure hit by the Coronavirus outbreak will now bene...
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With the rapidly evolving status of COVID-19, we at Vickery Holman wanted to assure you that we continue to provide our service to our ...
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The Chancellor has today announced large cuts in business rates for some sectors of the commercial property market for the 2020/21 fina...
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I am now approaching 6 months at Vickery Holman after joining the Truro office in September 2019. I have been made to feel very welcome...
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Vickery Holman appointed by SRL Traffic Systems26 Feb 20Vickery Holman appointed by SRL Traffic SystemsFollowing their successful management buyout in September 2019 and a strong trading year, SRL Traffic Systems Limited have appointed Vi...
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Can You Sell A Property With A Boundary Dispute?25 Feb 20Can You Sell A Property With A Boundary Dispute?Can You Sell A Property With A Boundary Dispute? By the year 2030, 92.2% of Brits will live in cities across the UK. As more British pe...
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Vickery Holman were pleased to host their 9th annual market review events this month. Four events were held across the South West which...
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I am delighted to say that my part-time Graduate Diploma in Building Surveying at UWE in Bristol is coming to an end. Vickery Holman ha...
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Chris Sexton has joined Vickery Holman. Following the acquisition of King Wilkinson in January 2020, the General Practice team at Vicke...
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What Is Property Acquisition? Commercial property accounts for an estimated 13% of buildings in the United Kingdom. Commercial properti...
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Business Rates Savings - Empty Property Rates Relief15 Jan 20Business Rates Savings - Empty Property Rates ReliefVickery Holman have successfully agreed a period of 3 months Empty Property Rates Relief for a large vacant retail unit in Penzance, re...
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Vickery Holman continues to expand with acquisition of King Wilkinson13 Jan 20Vickery Holman continues to expand with acquisition of King WilkinsonVickery Holman expands with acquisition of King Wilkinson Vickery Holman expands as part of our growth plans in the South West. As one...
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Do You Have To Declare Neighbour Disputes? What You Need To Know12 Dec 19Do You Have To Declare Neighbour Disputes? What You Need To KnowDo You Have To Declare Neighbour Disputes? What You Need To Know There are a lot of things that go into trying to sell your home. Not m...
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Premium Manufacturing Site for sale in Launceston Vickery Holman are delighted to announce a prime manufacturing site for sale on the D...
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I have been with Vickery Holman for 3 months now and I have settled in very well to the Bristol team. Without doubt the Bristol Office ...
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Business Rates Saving on Empty Office Undergoing Refurbishment05 Dec 19Business Rates Saving on Empty Office Undergoing RefurbishmentVickery Holman are delighted to announce the successful negotiation of an empty office building undergoing refurbishment from £162,000 ...
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The Walls That Parted Them - Party Wall Awards14 Nov 19The Walls That Parted Them - Party Wall AwardsVickery Holman were instructed at an early stage by a pro-active developer to give party wall advice and serve the relevant notices on ...
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I am now coming up to my 5th year at Vickery Holman. After achieving a degree in History at university and, not wanting to be a teacher...
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Tenants should be considering their potential dilapidation costs not just at lease end but before the lease is signed When considering ...
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One of our most experienced and highly qualified Directors, Dennis Venn FRICS MCIArb, is now focusing on Vickery Holman’s commercial Di...
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Robert Allen has been promoted to Head of Building Surveying at leading property consultants, Vickery Holman. Robert joined Vickery Hol...
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What Is A Construction Management Plan? In the construction industry it is important to know what a management plan is, how it works in...
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Vickery Holman welcome 4 new Graduates to the team15 Oct 19Vickery Holman welcome 4 new Graduates to the teamGraduates join Vickery Holman As 4 more recent graduates join Vickery Holman, we are now the largest multi-disciplinary property consul...
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Robert Beale appointed as Director of Bristol Office14 Oct 19Robert Beale appointed as Director of Bristol OfficeRobert Beale appointed as Director of Bristol Office As part of our ongoing successful growth strategy, we have appointed Robert Beale ...
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I have been with Vickery Holman for just five weeks now and, I have to say, the time has flown by! I have enjoyed settling in immensely...
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What Is The Purpose of Conducting A Development Feasibility Study?24 Sep 19What Is The Purpose of Conducting A Development Feasibility Study?What Is The Purpose Of Conducting A Feasibility Study? If you are a land or property owner, whether that be residential, commercial or ...
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Foliot House, Budshead Road at Crownhill is a 12,500 sq ft office building on a business park in a residential area. It was previously ...
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Ernest English House, Plymouth - Improving Lives Plymouth29 Aug 19Ernest English House, Plymouth - Improving Lives PlymouthImproving Lives Plymouth (formerly the Plymouth Guild of Voluntary Services) are a very long-standing client of Vickery Holman and we h...
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Vickery Holman are pleased to announce a recent office letting at Envoy House which yet again sees the popular building fully occupied....
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When Does Section 106 Apply? Development usually comes at a cost to the wider community within which it sits. This can be at a greater ...
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Knowing The Boundaries: Party Wall Matters When developers or owners undertake any building works, they must consider the effect their...
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Vickery Holman are delighted to announce the successful re-negotiation of a car showroom business rates assessment from £197,000 Rateab...
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Specialist Centre catering for Autistic Students – Monteray House, City College Plymouth Vickery Holman were requested by City Co...
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Specialised Medical Care and Hospital Refurbishments25 Jul 19Specialised Medical Care and Hospital RefurbishmentsVickery Holman has been involved in the Medical sector for many years and have gained experience with varied healthcare related project...
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Stowford School - Roofing Overlay & Replacement of Skylights17 Jul 19Stowford School - Roofing Overlay & Replacement of SkylightsVickery Holman worked with the school to obtain the required performance brief and then sought tenders from roofing contractors for the...
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Answering property myths: How much does it cost to get my property surveyed?15 Jul 19Answering property myths: How much does it cost to get my property surveyed?How much does a commercial property survey cost? At Vickery Holman, as an RICS Regulated firm, we are often asked to provide clients w...
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With build costs expected to rise on average by 3.2% a year over the next 3 years (BCIS) and house price growth reportedly beginning to...
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This year has continued to be a difficult one for the retail market with further CVAs and administrations announced. Plymouth has mostl...
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We have recently acted on behalf of clients throughout the region who’s premises have been affected by the “Mazars and Woolway” c...
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The industrial market continues to perform well in Plymouth and demand has been extremely strong over the past 12 months with a limited...
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Acting on behalf of the owner occupier in respect of a Business Rates appeal, Vickery Holman are pleased to confirm a £10,000 saving fo...
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Vickery Holman have recently valued several guest houses and hotels within the North Devon coastal village of Lynton. With a population...
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Are you a landowner who thinks that your land might have development potential? We can help… As a starter we can advise you on the pot...
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Congratulations to Rebecca Cook who has passed RICS Assessment of Professional Competence, qualifying as a RICS Chartered Valuation Sur...
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Valuation advice provided on exclusive single new build project with build cost of £1.1 million and estimated GDV of £1.8 million. Acti...
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Bristol Property Market Continues To Encourage First Time Investors15 May 19Bristol Property Market Continues To Encourage First Time InvestorsWith demand still very high for office space in Bristol, collecting a return through property has never been so tempting for the first-...
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Vickery Holman were commissioned by Winter Rule Chartered Accountants (new PKF Francis Clark) to review their existing site with a view...
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Section 20 of the Landlord & Tenant Act 1985 (as amended by the Commonhold & Leasehold Reform Act 2002) sets out the three-stag...
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Vickery Holman successfully tendered for this strategic review of college assets and were appointed by Cornwall College. Alan Treloar w...
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Commercial property investment opportunities in Devon Active investors targeted Plymouth offices on the advice of Vickery Holman’s Inv...
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Changes to business rates; Making Business Rates Fair01 May 19Changes to business rates; Making Business Rates FairWhat changes to business rates are pending? Is there a justified call for changes to business rates? We have seen that retailers are be...
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Can’t believe it’s been one year since I joined Vickery Holman in May of last year! Whilst there has been plenty to learn, there is alw...
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At Vickery Holman we are passionate about supporting and developing new surveying talent. As part of our corporate social responsibili...
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With all the doom and gloom that is currently being reported in the Press, we have seen a number of occupiers looking to serve their br...
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Vickery Holman have successfully negotiated a nil increase for a nursery occupier where the Landlord was looking to increase the rent c...
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Another month has flown by. In the last couple of weeks, I have spent time in the valuation and business rates consultancy departments,...
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Following the Grenfell Tower fire, fire protection measures have become of increasing concern to tenants and landlords. Many Landlords ...
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Vickery Holman has recently undertaken both an outstanding on a Veterinary Practice rent review in Brixham, Devon on behalf of the Land...
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Vickery Holman have recently completed two offices to let at GA House which now sees the building fully occupied. Offices to let The p...
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As I approach a third of a year at Vickery Holman I feel I am now well placed to comment on my experiences so far. My working situation...
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I’m 1 year into my APC for building surveying and thoroughly enjoying it. Every day is different with VH, and it’s been a busy month in...
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The South West tourism sector is very important to our economy and Vickery Holman are heavily involved in the Leisure and hospitality m...
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“The Ridings” is a large late Edwardian waterfront property on the Salcombe Estuary. Vickery Holman were employed to take forward a sch...
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Vickery Holman were pleased to host their 8th annual market review events this month. Three events were held across Cornwall and Devon ...
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The cost of utilities in commercial properties will vary greatly from property to property and user to user so are often hard to compar...
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What is a rent deposit? A rent deposit is paid prior to lease completion by the tenant to the landlord, it is completely separate to th...
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What is a service charge? If you occupy an industrial unit on an estate, or an office suite in a multi-let building then you will proba...
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Business Rates are a tax placed on properties which are used for commercial or business purposes, they apply to almost all commercial p...
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Lease lengths have changed massively over the last 10 years with the average going from around 20-25 years down to around 3-5 years. Wh...
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When leasing a commercial property, there are different types of repairing liabilities which put different amounts of responsibility on...
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Usually the rents displayed on property details will be shown as ‘per annum’, which means yearly. Landlords won’t usually expect the re...
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So you’ve found a property you want to lease, what next? Step 1 – Once you have viewed the property and decided you would like to...
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Some interesting updates in our business rates newsletter Click here for more information – Business Rates Newsletter Spring 2019...
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Following the government’s promise in the Autumn 2017 Budget, legislation is now in place to reverse the well publicised ‘staircase tax...
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An expert witness can be appointed by one party to provide their expert opinion on a specific dispute. Alternatively they can be appoin...
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Adjudication is a form of dispute resolution used in construction contracts; it is generally shorter than arbitration and has a strict ...
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Arbitrators are often appointed to resolve disputes in preference to court proceedings. It is a formal process that involves the appoin...
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As I write this blog entry I have been an employee of Vickery Holman for exactly eight weeks. What has life been like settling in? Mani...
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Charities must obtain appropriate advice when acquiring or disposing of interest in property from someone who has the ability and exper...
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One of the key roles of the 1954 Landlord & Tenant Act was the introduction of Security of Tenure. This means that the Tenant has t...
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To Re-Gear or Not to Re-Gear, Is That the Question?18 Oct 18To Re-Gear or Not to Re-Gear, Is That the Question?We are all of course aware of the economic downturn which the country encountered but one potential benefit which has come from this ha...
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Benefits of Rent Review and Lease Renewal Portfolio Management18 Oct 18Benefits of Rent Review and Lease Renewal Portfolio ManagementMarket sentiment across all sectors has improved over the past 12 months and although a time to celebrate, it is imperative that Landlo...
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April Fool’s Day saw the introduction of MEES. Where a property cannot be let or a lease cannot be renewed if the property has an EPC r...
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In light of the change in MEES and the 1st April 2018 date quickly looming, perhaps rather than renew a lease, it gives the chance for ...
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Should a Landlord choose to redevelop their property under Permitted Development Rights (PDR), are they still above to recover any dila...
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Whether a rent review clause makes ‘time of the essence’ is an important factor for both Landlords and Tenants to consider. Missing a t...
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The expiry of a lease is an important issue for both Landlords and Tenants. Unlike Rent Reviews, everything is up for grabs – lease ter...
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Lease Extension Lease extension consultancy and lease reviews remain a key service for Vickery Holman. The lease advisory team has rec...
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Lease Renewal – First-Floor Office Space, Threemilestone, Cornwall Vickery Holman has recently undertaken a new lease and a first-floor...
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Rent Review – Formal Business Park, Camborne, Cornwall Vickery Holman has recently undertaken the Rent Review of a 13,500 sq ft i...
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Lease Renewal – Ground Floor, Argosy House, Plymouth Vickery Holman has recently undertaken the lease renewal of the Job Centre a...
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Rent Review – Trenant Industrial Estate, Wadebridge Acting on behalf of the landlord in respect of the rent review of an industri...
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European Springs were expanding and required larger premises. Following a management buy-out where the previous owners of the business ...
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Dilapidations – Tenant’s Cost or Landlord’s Profit10 Sep 18Dilapidations – Tenant’s Cost or Landlord’s ProfitAlways viewed by tenants as the landlord profiteering, while landlords believe tenants leave the property in disrepair and a worse cond...