In response to a recent question in the Commercial Property Investor Facebook Group I asked Anthony Boyce join me to discuss our experiences of redeveloping listed buildings including the processes and challenges we have had to deal with over a combined number of projects We look at the importance of allowing extra time for the planning process and highlight the need to invest in thorough documentation and research into the history of the building.
We also discuss the financial benefits and unique features of listed buildings that make them attractive projects to work on, sharing our experiences and offering advice on how to navigate the additional requirements and considerations that come with working on listed buildings.
KEY TAKEAWAYS
- Listed buildings require additional time and planning due to their historical significance and the need for conservation.
- Working with listed buildings can offer unique and interesting projects with financial benefits.
- It is important to work with heritage consultants or conservation architects to navigate the additional requirements and documentation needed for listed building consent.
- There may be grants or funding available for certain aspects of the project, but it is important to carefully consider the long-term sustainability of the building.
- Detailed analysis and upfront investment in drawings and statements can help streamline the planning process and minimise restrictive conditions.
JOIN THE NETWORK
If you want to learn more about investing in Commercial Property why not consider joining the CPI Network? A community of active investors who collaborate, share experiences and empower each other in their Commercial Property endeavours.
Useful Links:
CPI Website – https://commercialpropertyinvestor.co.uk/
Our Sponsors – https://commercialpropertyinvestor.co.uk/podcast-sponsors/
Property Investing, Commercial Real Estate, Strategies, CMO, Lease, Licence Agreement, Cashflow, Vacancy rates, Agents, Best Commercial property podcast, how to buy, Valuations, ROI, residential, assets, Flexspace, office space, How to get started: https://www.commercialpropertyinvestor.co.uk/
See omnystudio.com/listener for privacy information.