Posted: Friday, 20 July 2012 @ 09:59
The Government has announced a consultation on proposals to relax planning laws relating to change of use.
The main thrust of the announcement is the desire to rejuvenate the country's high streets where restrictions on change of use hamper efforts by landlords to find occupiers for retail premises.
One other change proposed however is that premises currently used as a hotel or guesthouse should be permitted to be changed to residential use without the need for planning permission.
With uncertainty regarding planning one of the major headaches for residential developers, this could be an opportunity to target properties where a residential use is guaranteed to be acceptable.
For more advice on the proposed changes contact Steven Petty on 01926 629005.
Commercial Property Solicitor
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