The UK government has introduced new regulations that allow local councils to auction off leases for commercial properties on high streets that have been empty for over a year. This change aims to revitalise struggling high streets and encourage the use of vacant retail spaces. Owners of vacant shop beware!
The new rules create a temporary right for local authorities to hold rental auctions for qualifying commercial properties. These regulations outline how councils can implement these auctions, including the steps they must follow and the forms they need to use. For instance, before a rental auction can take place, councils must consult with the community about which high streets or town centres will be included in this initiative. Once a property is designated for a rental auction, the council must conduct a survey of the premises to assess its condition. The regulations specify a timeline for the auction process, detailing what actions councils and property owners must take during the auction period. This includes who can bid on properties and how the winning bids are determined. Additionally, if a property is successfully leased through a rental auction, there are provisions for temporary planning permission to change its use to fit suitable high-street activities. This means that once a property is rented out, it can be adapted to serve the community better without going through the usual lengthy planning application process.
These changes are significant because they provide a streamlined way for local councils to bring vacant commercial properties back into use, which can help boost local economies. By allowing quick adaptations of these spaces, communities can benefit from new shops, services, or residential options that meet current needs.
For property owners and potential bidders interested in participating in these rental auctions or making changes to their properties, it is highly recommended to seek professional planning advice early in the process. Engaging with experienced planning consultants like 4D Planning can help navigate the complexities of these new regulations and ensure compliance with all necessary requirements. If there is potential to achieve planning permission for a change of use, we will advise how to achieve this in the quickest way.
At 4D Planning, we specialise in guiding clients through planning applications and understanding local policies and planning guidance. Our professional team can assist with everything from initial consultations to preparing documentation for achieving planning permission for a change of use of the vacant premises.
The introduction of rental auctions and temporary planning permissions represents an exciting opportunity for revitalising high streets across England. By consulting with experts like 4D Planning, you can make informed decisions what potential there is to set up your business in this location or to maximise your investment potential. If you have questions about how these changes might affect you or your property, don’t hesitate to reach out!
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