Real Estate Support
Within many areas of the UK there is support available for both property developers and occupiers building their own facilities. The support differs across the UK but typically aims to fill any gap where the cost of construction of the development is greater than the final value of the development.
It is possible for companies to gain upto 35% of the capital costs of the project although in reality amounts awarded depend on location and application details.
In addition to this, many areas of the UK offer specific property schemes - rent holidays, property renovation and property security improvements. These need to be investigated on an area by area basis.
In our experience, larger real estate schemes may also involve aspects of potential funding which are not state aid and are likely to be entwined with planning gain considerations. Mickledore has the property development experience and development appraisal expertise to assist in property development subsidy negotiations.
Mickledore is expert in government funding opportunities for companies and would be delighted to talk to you about the opportunities for your business.