Saving our client more than £50,000 in financial contributions attached to a planning consent
Our client was planning to convert a landmark Grade II listed building in the city’s market square from offices into five new luxury apartments and a commercial shop on the ground floor.
Local Planning Officers had indicated that they were likely to grant full consent but this would be subject to a large financial contribution towards affordable housing under an S106 agreement. This threatened the project’s financial viability. Charter House Planning was brought in to find a solution.
Using detailed financial analysis, we demonstrated that this S106 agreement did not take into consideration the high costs associated with renovating a listed building. As a direct result, we negotiated a significant reduction in the financial contribution required.
Following this successful outcome, we were asked to discharge the planning conditions. Our team worked closely with the building contractor and the local Conservation Officer to ensure a high-quality conversion of this historically significant building. The shop is now open for business and most of the flats have been sold.
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