The Mills Hollinwood Limited know that Oldham has few quality offices and hasn’t seen any speculative office development for well over 10-years. A considerable amount of the office space in the Town Centre is old, in poor condition and not suitable for modern businesses.
Category: Business insight
Rising interest rates impact commercial real estate
Inflation in the UK has risen to its highest level since March 1992. Read about how this may impact commercial property.
NR Insights: Helen Lockwood
Helen Lockwood is a ‘northern powerhouse’ if we ever knew one. A previous Council Leader at Rossendale and Oldham Councils, Helen recently began her new role as Chief Executive of Bury Hospice.
Commercial property and the Emergency Coronavirus Act
On June 16 2021, the government revealed its plan to prolong the legalised delay of forfeiture for commercial leases due to the Emergency Coronavirus Act.
The Act, in place since 23 March 2020, is a topic we have been following closely within the Nolan Redshaw office. It currently guarantees that leases cannot be forfeited for non-payment of rent for a three-month period. This affects all types of commercial tenants but still permits forfeiture at the end of the period for non-payment.
Post-COVID Planning Reform
Post-COVID Planning Reform Boris 'bill-d' to update the current planning system