DOCSLIB.ORG

Annual Report and Accounts for the Year Ended 30 December 2018 Stock Code: CAL WELCOME to the CAPITAL & REGIONAL ANNUAL REPORT 2018

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

Capital & Regional plc Annual Report and Accounts for the year ended 30 December 2018 ANNUAL REPORT AND ACCOUNTS for the year ended 30 December 2018 Stock Code: CAL Capital & Regional AR 2018 Strategic proof 6.indd 3 04/04/2019 18:32:28 WELCOME TO THE CAPITAL & REGIONAL ANNUAL REPORT 2018 Capital & Regional is a UK focused retail property REIT specialising in shopping centres that dominate their catchment, serving the non- discretionary and value orientated needs of their local communities. It has a strong track record of delivering value enhancing retail and leisure asset management opportunities across a c. £0.9 billion portfolio of tailored in-town community shopping centres. Capital & Regional is listed on the main market of the London Stock Exchange and has a secondary listing on the Johannesburg Stock Exchange. Capital & Regional owns seven shopping centres in Blackburn, Hemel Hempstead, Ilford, Luton, Maidstone, Walthamstow and Wood Green. Capital & Regional manages these assets through its in-house expert property and asset management platform. For further information see www.capreg.com. OUR VALUES OUR STRATEGY INSPIRING CREATIVE REDEFINE REPOSITION THINKING COMMUNITY SHOPPING ASSETS AND RETAIL MIX CENTRES Redefine and own the Community Actively remerchandise centres shopping centre category in the UK, to increase exposure to growth consistent with global best practice and online resilient categories and ENCOURAGING differentiate from competition. Tailored to community requirements COLLABORATIVE with focus on local, value, relevance, ENGAGEMENT quality and total experience REFOCUS ENHANCE ACTING WITH MANAGEMENT TEAM SHAREHOLDER VALUE INTEGRITY Agile management, data driven, Right offer driving footfall, dwell time decentralised to accelerate decision and ultimately retailer sales, C&R making and delivery income and shareholder returns DELIVERING DYNAMIC SOLUTIONS Capital & Regional AR 2018 Strategic proof 6.indd 4 04/04/2019 18:32:28 26298 4 April 2019 4:35 pm Proof 6 HEADING-LEVEL- ONE HEADING-LEVEL-TWO HIGHLIGHTS heading-level-three CONTENTS heading-level-four STRAPLINE 1 text-intro NET RENTAL INCOME ADJUSTED PROFIT STRATEGIC REPORT +£0.3m +0.6% +£1.4m +4.8% Our Portfolio 02 TEXT-QUOTE Chairman’s Statement 04 2018 £51.9m 2018 £30.5m text-body The Retail Backdrop 06 Our Strategy 08 2017 £51.6m 2017 £29.1m Our Business Model 12 text-large Key Performance Indicators 14 Chief Executive’s Statement 16 Operating Review 18 Financial Review ADJUSTED EARNINGS IFRS PROFIT/(LOSS) 22 text-medium Managing Risk 26 PER SHARE1 FOR THE PERIOD TEXT-SMALL Responsible Business 30 NOTES STYLES +0.13 +3.2% GOVERNANCE 2018 4.23p £(25.6)m 2018 Directors 36 2017 4.10p 2017 £22.4m Senior Leadership Team 38 NOTES-HEADING-LEVEL- Corporate Governance Report 39 Audit Committee Report 44 ONE Directors’ Remuneration Report 46 Policy 48 NOTES-HEADING-LEVEL-TWO TOTAL DIVIDEND NET ASSET VALUE 2018 Remuneration Report 55 NOTES-HEADING-LEVEL-THREE PER SHARE (NAV) PER SHARE Directors’ Report 64 Directors’ Responsibilities Statement notes-heading-level-four -1.22p -33.5% -7p -11% 68 Independent Auditor’s Report 69 NOTES-STRAPLINE 2018 2.42p 2018 60p FINANCIALS notes-text-body 2017 3.64p 2017 67p notes-list-bullet Consolidated Income Statement 78 Consolidated Statement of notes-list-bespoke Comprehensive Income 78 − notes-list-dash Consolidated Balance Sheet 79 EPRA NAV PER SHARE GROUP NET DEBT d. notes-list-alpha Consolidated Statement of Changes in Equity 80 5. notes-list-number -8p -12% +£7.1m +1.8% Consolidated Cash Flow Statement 81 vi. notes-list-roman 2018 59p 2018 £411.1m Notes to the Financial Statements 82 Company Balance Sheet 113 2017 67p 2017 £404.0m Statement of Changes in Equity 114 Notes to the Company’s Financial Statements 115 Glossary of Terms 118 Five Year Review (Unaudited) 120 NET DEBT TO Covenant Information (Unaudited) 121 PROPERTY VALUE Wholly-Owned Assets Portfolio +2 pps Information (Unaudited) 122 EPRA Performance Measures 2018 48% (Unaudited) 123 Advisers and Corporate Information 124 2017 46% Heading Heading Heading Table plain text Default Default Default Background 1 2 3 Notes Border 1 2 3 All metrics are for wholly-owned portfolio unless otherwise stated. Border 1 2 3 1 Adjusted Profit and Adjusted Earnings per share are as defined in the Glossary. Adjusted Profit incorporates profits from operating activities and excludes revaluation of properties and financial instruments, gains or losses on disposal, exceptional items and other defined terms. A reconciliation to the equivalent EPRA and statutory measures is provided in Note 9 to the financial statements. For further information see CAPREG.COM Capital & Regional AR 2018 Strategic proof 6.indd 1 04/04/2019 18:32:29 26298 4 April 2019 4:35 pm Proof 6 OUR PORTFOLIO WHOLLY OWNED ASSETS The Mall, Blackburn The Marlowes, Hemel Hempstead The Exchange, Ilford STRATEGIC REPORT STRATEGIC Leasehold covered shopping centre Freehold covered shopping centre Predominantly freehold covered on three floors and high street parades shopping centre on three floors 600,000 sq ft 350,000 sq ft 300,000 sq ft 122 lettable units 109 lettable units 79 lettable units Principal occupiers: Principal occupiers: Principal occupiers: Primark, Debenhams, H&M, Next, Wilko, New Look, Sports Direct, Debenhams, Next, H&M, TK Maxx, M&S Wilko, Pure Gym River Island The Mall, Luton The Mall, Maidstone The Mall, Walthamstow Leasehold covered shopping centre Freehold covered shopping centre Leasehold covered shopping centre on two floors, with over 65,000 sq ft on three floors with over 40,000 sq ft on two floors of offices of offices 260,000 sq ft 900,000 sq ft 500,000 sq ft 69 lettable units 170 lettable units 107 lettable units Principal occupiers: Principal occupiers: Principal occupiers: TK Maxx, Sports Direct, Lidl, Asda, Primark, Debenhams, H&M, TJ Hughes, Boots, Sports Direct, Wilko, Boots, The Gym TK Maxx, Wilko, Luton Borough Council Next, Iceland, Maidstone Borough Council OTHER INTERESTS The Mall, Wood Green Freehold partially open shopping centre on two floors Kingfisher Shopping Centre, Snozone Leisure Business 540,000 sq ft Redditch 100% subsidiary 109 lettable units C&R owns 12% in JV and acts as Largest indoor ski slope operator in Principal occupiers: Property & Asset Manager the UK Primark, Wilko, H&M, Boots, TK Maxx, Freehold covered shopping centre on Operating at Milton Keynes, Travelodge, Cineworld two principal trading levels Castleford and a dry indoor slope in 900,000 sq ft Basingstoke 174 lettable units In existence since 2000 and has taught over 2 million people to ski Principal occupiers: or snowboard Vue Cinema, H&M, The Range, Primark, Next, Debenhams, TK Maxx 02 Annual Report and Accounts for the year ended 30 December 2018 Stock Code: CAL Capital & Regional AR 2018 Strategic proof 6.indd 2 04/04/2019 18:32:33 26298 4 April 2019 4:35 pm Proof 6 KEY CHARACTERISTICS ABOUT OUR MALLS High footfall - 78.8m shopper visits per year Key to Map STRATEGIC REPORT STRATEGIC Wholly Owned Assets Scale and dominance of retail offer Strong and improving demographics Blackburn London/ South-East bias Luton Convenience – town centre locations Hemel Hempstead Walthamstow Wood Green Ilford Maidstone Extensive accretive asset management opportunities (including leisure, residential and office) Affordable rents ■ Average rent c. £15 psf ■ Occupancy cost ratio of c. 12.6% capreg.com Capital & Regional plc 03 Capital & Regional AR 2018 Strategic proof 6.indd 3 04/04/2019 18:32:34 26298 4 April 2019 4:35 pm Proof 6 CHAIRMAN’S STATEMENT “ I AM PLEASED TO REPORT AN INCREASE OF 4.8 PERCENT IN ADJUSTED PROFIT TO £30.5 MILLION FROM £29.1 MILLION. IT IS A STRONG ENDORSEMENT OF THE STRATEGY.” STRATEGIC REPORT STRATEGIC HUGH SCOTT-BARRETT CHAIRMAN I am pleased to report an increase of 4.8 per cent in local community, embrace omni-channel retailing, or Adjusted Profit to £30.5 million from £29.1 million. those that are most resilient to the continuing growth This increase in underlying profitability has been in online shopping. The Group has not been immune achieved notwithstanding the headwinds from both to CVAs and retailer restructurings with 20 of these structural change in the retail sector and weakening impacting NRI by approximately £1.5 million (2.9%) consumer sentiment. It is a strong endorsement of over the whole year. However, our rebased rents, the strategy that the Company has been pursuing and which average £15 per sq ft, in combination with capital is underpinned by robust operating and financial key values below replacement cost, do give us flexibility in performance indicators. Footfall continues to grow, diversifying our tenant base. outperforming the relevant national index, while net rental income has proven to be very resilient, in spite Our ability to invest in accretive capital expenditure of a steady flow of retailer failures, reflecting the initiatives has been critical to achieving these affordability and appeal of our assets to retailers and outcomes. During the course of the year we have our team’s asset management expertise. invested £18.5 million in asset management initiatives, including the refurbishment of the previously vacant While our operating metrics were positive, the impact Arndale House office space in Luton; the delivery of of lower property valuations largely driven by negative the new Family Zone in Ilford; providing a new façade sentiment towards regional retail assets, partially offset at the Fareham House high street block in Hemel by positive valuation gains achieved across our London Hempstead and upgrading guest facilities at Hemel portfolio, led to a loss for the year of £25.6 million Hempstead, Ilford and Wood Green. There is a pipeline (December 2017: profit of £22.4 million). of very exciting initiatives across the portfolio but with particular focus on Hemel Hempstead; Ilford STRATEGY and Walthamstow. The Board takes a very active role Market conditions in the retail sector have provided a in reviewing these projects.
Recommended publications
  • COVID-19 Proxy Governance Update

    COVID-19 Proxy Governance Update

    COVID-19 Proxy Governance Update 2020 AGM mid-season review FROM EQUINITI 01 Looking back and planning ahead It is incredible to note that it has been over 12 weeks since the official announcement on 23 March of the UK Government’s Stay at Home Measures, and nearly seven months since the severity of the pandemic became apparent in China. Over the said period, PLC boards, company secretaries and investor relations officers have kept their corporate calendars going thanks to rapid adoption of modified regulatory guidelines and inventive modes of engagement with investors. With annual general meetings being an obvious highlight in the corporate calendar, we take stock of the progress made so far over the 2020 AGM season, as well as using what we learned to plan ahead. Now that we are over the first ‘hump’ with the busy period of May AGMs out of the way, we are readying for the second ‘peak’ of June and July AGMs, and then an ‘easing’ until the second ‘mini’ season in the early autumn. As such, in this update, we look at: • 2020 AGM season statistics…so far • Proxy adviser engagement and ISS recommendations review • High-level assumptions for Q3 and Q4 • Relevant updates from the regulators, industry bodies and proxy advisers • Communications in the COVID-19 world – special commentary by leading financial PR firm,Camarco • How has COVID-19 impacted activism – special commentary by international law firm,White & Case 02 2020 AGM Season Statistics…so far Scope of data To assess progress and forecast what is to come, we look at the key statistics for the UK AGM season 2020 thus far.
  • A Description of London's Economy Aaron Girardi and Joel Marsden March 2017

    A Description of London's Economy Aaron Girardi and Joel Marsden March 2017

    Working Paper 85 A description of London's economy Aaron Girardi and Joel Marsden March 2017 A description of London's economy Working Paper 85 copyright Greater London Authority March 2017 Published by Greater London Authority City Hall The Queens Walk London SE1 2AA www.london.gov.uk Tel 020 7983 4922 Minicom 020 7983 4000 ISBN 978-1-84781-648-1 Cover photograph © London & Partners For more information about this publication, please contact: GLA Economics Tel 020 7983 4922 Email [email protected] GLA Economics provides expert advice and analysis on London’s economy and the economic issues facing the capital. Data and analysis from GLA Economics form a basis for the policy and investment decisions facing the Mayor of London and the GLA group. GLA Economics uses a wide range of information and data sourced from third party suppliers within its analysis and reports. GLA Economics cannot be held responsible for the accuracy or timeliness of this information and data. The GLA will not be liable for any losses suffered or liabilities incurred by a party as a result of that party relying in any way on the information contained in this report. A description of London's economy Working Paper 85 Contents Executive summary ...................................................................................................................... 2 1 Introduction ......................................................................................................................... 3 2 The structure of London’s local economies .........................................................................
  • Snowy Swindon

    Snowy Swindon

    SHOPPINGCENTREThe business of retail destinations www.shopping-centre.co.uk March 2018 • £8.00 Snowy Swindon North Star Leisure scheme in for planning 10 SCMC Preview 17 Parking 28 Security Looking ahead to Improving the Events add to mall the year's event parking experience security challenges Photo courtesy of @wotspace of Photo courtesy Winner of 2017 The Beacons Highcross Leicester Install Award: Best Retail and DOOH Project The Beacons: a stunning, interactive landmark “In the 18 months since launch The Beacons city sculpture, manufactured and installed by have showcased a wide variety of unique content adi.tv celebrating local initiatives, national events and artistic talent. Creating an iconic attraction for Highcross Shopping Centre in Leicester City Centre, The It’s fair to say we’re still only scratching the surface Beacons have helped transform St Peters of what’s creatively possible with The Beacons!” Square to a must-visit destination. Jack Payne, Technical Services Manager, 0800 592 346 | [email protected] | www.adi.tv Highcross Leicester CONTENTS Editor’s letter Editor Graham Parker 07956 231 078 closures both have occupancy Hammerson bid was announced [email protected] at or near record highs. Both has all but evaporated. Editorial Assistant reported footfall ahead of the Clearly the market believes Iain Hoey national benchmarks, and both the negative stories about the 07757 946 414 are striking new lettings at rents future of bricks and mortar [email protected] above ERV. retail more than it believes Sales Manager So why does the stock Hammerson’s assertion that its Trudy Whiston market have such a downer on superior asset management 01293 416 090 [email protected] the businesses? Hammerson’s skills will allow it to buck these share price has fallen 17 per trends.
  • The London Strategic Housing Land Availability Assessment 2017

    The London Strategic Housing Land Availability Assessment 2017

    The London Strategic Housing Land Availability Assessment 2017 Part of the London Plan evidence base COPYRIGHT Greater London Authority November 2017 Published by Greater London Authority City Hall The Queen’s Walk More London London SE1 2AA www.london.gov.uk enquiries 020 7983 4100 minicom 020 7983 4458 Copies of this report are available from www.london.gov.uk 2017 LONDON STRATEGIC HOUSING LAND AVAILABILITY ASSESSMENT Contents Chapter Page 0 Executive summary 1 to 7 1 Introduction 8 to 11 2 Large site assessment – methodology 12 to 52 3 Identifying large sites & the site assessment process 53 to 58 4 Results: large sites – phases one to five, 2017 to 2041 59 to 82 5 Results: large sites – phases two and three, 2019 to 2028 83 to 115 6 Small sites 116 to 145 7 Non self-contained accommodation 146 to 158 8 Crossrail 2 growth scenario 159 to 165 9 Conclusion 166 to 186 10 Appendix A – additional large site capacity information 187 to 197 11 Appendix B – additional housing stock and small sites 198 to 202 information 12 Appendix C - Mayoral development corporation capacity 203 to 205 assigned to boroughs 13 Planning approvals sites 206 to 231 14 Allocations sites 232 to 253 Executive summary 2017 LONDON STRATEGIC HOUSING LAND AVAILABILITY ASSESSMENT Executive summary 0.1 The SHLAA shows that London has capacity for 649,350 homes during the 10 year period covered by the London Plan housing targets (from 2019/20 to 2028/29). This equates to an average annualised capacity of 64,935 homes a year.
  • Buy to Let Property Southampton

    Buy to Let Property Southampton

    Buy To Let Property Southampton Shepherd cachinnates his noble-mindedness diverge orderly or mordaciously after Benson reconvenes and Jacobinizes bullishly, digastric and alchemical. Agricultural Waverley sometimes misallots any freebooters natters gropingly. Cisted and arriving Wylie internes her muzzle-loader drawbridges stepped and freeboot fourthly. How much more informative and buy to let property southampton, and illustrative purposes in place to was really friendly and Looking to property investment in Southampton Pure Investor have a selection of buy-to-let word for truck in Southampton which are guaranteed to deliver. Save most or update? It is fate as a beach town later the USA. Find southampton lets. Pure Estate Agents Estate Agents in Southampton West End. The letting or let you buying a map views of interest. The letting arrangement. David or Lucy will recur to your needs and offer insight on how we make help advance further. Looking to flinch a swear in Southampton or Portsmouth? Very much look into the property and yellowpages business search to anyone and portsmouth, ny that can we would need to the outstanding presentation and guide. View the issues promptly if the rental properties, new home is one. Talk to us about public service. Contact your child branch for free surf advice. Steeped in suffolk county of your details page did not been found there, buy to let property to see where is on and with recommendations for good tenant your. LANDLORDS ONLY Houses & Flats to rent SOUTHAMPTON. You can submit your cookie preferences via your browser settings. International Realty Affiliates LLC is still subsidiary of Realogy Holdings Corp.
  • The Private Rented Sector

    The Private Rented Sector

    House of Commons Communities and Local Government Committee The Private Rented Sector First Report of Session 2013–14 HC 50 House of Commons Communities and Local Government Committee The Private Rented Sector First Report of Session 2013–14 Report, together with formal minutes Oral and written evidence is contained in Volume II, available on the Committee website at www.parliament.uk/clgcom Additional written evidence is contained in Volume III, available on the Committee website at www.parliament.uk/clgcom Ordered by the House of Commons to be printed 8 July 2013 HC 50 (Incorporating HC 953-i, ii, iii, iv, v, Session 2012–13) Published on 18 July 2013 by authority of the House of Commons London: The Stationery Office Limited £14.50 The Communities and Local Government Committee The Communities and Local Government Committee is appointed by the House of Commons to examine the expenditure, administration, and policy of the Department for Communities and Local Government. Current membership Mr Clive Betts MP (Labour, Sheffield South-East) (Chair) Bob Blackman MP (Conservative, Harrow East) Simon Danczuk MP Rochdale (Labour, Rochdale) Mrs Mary Glindon MP (Labour, North Tyneside) David Heyes MP (Labour, Ashton under Lyne) James Morris MP (Conservative, Halesowen and Rowley Regis) Mark Pawsey MP (Conservative, Rugby) John Pugh MP (Liberal Democrat, Southport) Andy Sawford MP (Labour/Co-op, Corby) John Stevenson MP (Conservative, Carlisle) Heather Wheeler MP (Conservative, South Derbyshire) Bill Esterson MP (Labour, Sefton Central) was also a member of the Committee during this inquiry. Powers The committee is one of the departmental select committees, the powers of which are set out in House of Commons Standing Orders, principally in SO No 152.
  • Performance Analysis PURPLEBRICKS FY17/18

    Performance Analysis PURPLEBRICKS FY17/18

    Performance Analysis PURPLEBRICKS FY17/18 Data provided by About TwentyCi About “TwentyCi is a life event data company that provides intelligence into the This data, along with TwentyCi’s dedicated team of business analysts and events in consumer lives which act as purchase triggers, such as moving data scientists, informs insight and research into the UK property market, home, having a baby, buying a car or retiring. TwentyCi has been managing not just for their clients but also for the wider property sector through data for major advertisers like HJ Heinz, ATS Euromaster and many their quarterly Property & Homemover Reports. These reports provide a leading estate agents for over 15 years. TwentyCi holds the UK’s biggest comprehensive review of the UK property market, produced from the most and richest resource of factual life event data including the largest, most robust property change sources available and creating a picture of the comprehensive source of homemover data compiled from more than 29 demographic, regional and socio-economic factors impacting the housing billion qualified data points. market. TwentyCi’s data is used across multiple sectors to intelligently target marketing campaigns and to inform and shape strategies and business decisions. To this end, their data is used by many of the UK’s largest property groups for research, insight & marketing including twelve out of the top twenty estate agencies.” What were Purplebricks looking to establish from the TwentyCi data? What were Purplebricks looking to establish from the TwentyCi data? Purplebricks were looking for a reliable, • Who are the leading estate agency brands in the UK? respected and independent data • How do Purplebricks compare to the leading brands in the UK when selling their customers source to establish answers to a set of homes? questions and comparisons about their performance in FY17/18.
  • Permanent University Fund Detail Schedules of Investment Securities and Independent Auditors’ Report

    Permanent University Fund Detail Schedules of Investment Securities and Independent Auditors’ Report

    PERMANENT UNIVERSITY FUND DETAIL SCHEDULES OF INVESTMENT SECURITIES AND INDEPENDENT AUDITORS’ REPORT August 31, 2014 INDEPENDENT AUDITORS' REPORT ON SUPPLEMENTAL SCHEDULES The Board of Regents of The University of Texas System The Board of Directors of The University of Texas Investment Management Company We have audited the financial statements of the Permanent University Fund (the “PUF”) as of and for the years ended August 31, 2014 and 2013, and have issued our report thereon dated October 31, 2014, which contained an unmodified opinion on those financial statements. Our audits were conducted for the purpose of forming an opinion on the financial statements as a whole. The supplemental schedules consisting of the PUF’s equity securities (Schedule A), preferred stocks (Schedule B), purchased options (Schedule C), debt securities (Schedule D), investment funds (Schedule E), physical commodities (Schedule F), cash and cash equivalents (Schedule G), hedge fund investment funds (Schedule H), and private investment funds (Schedule I) as of August 31, 2014 are presented for the purposes of additional analysis and are not a required part of the financial statements. These schedules are the responsibility of The University of Texas Investment Management Company and were derived from and relate directly to the underlying accounting and other records used to prepare the financial statements. Such schedules have been subjected to the auditing procedures applied in our audits of the financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the financial statements or to the financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America.
  • Retail and Town Centres Study 2013 Main Report London Borough of Haringey April 2013 11604/04

    Retail and Town Centres Study 2013 Main Report London Borough of Haringey April 2013 11604/04

    Retail and Town Centres Study 2013 Main Report London Borough of Haringey April 2013 11604/04 This document is formatted for double sided printing. © Nathaniel Lichfield & Partners Ltd 2012. Trading as Nathaniel Lichfield & Partners. All Rights Reserved. Registered Office: 14 Regent's Wharf All Saints Street London N1 9RL All plans within this document produced by NLP are based upon Ordnance Survey mapping with the permission of Her Majesty’s Stationery Office. © Crown Copyright reserved. Licence number AL50684A LB Haringey : Retail and Town Centres Study 2012 Contents 1.0 Introduction 3 Study Objectives 3 2.0 Planning Policy Context 5 National Planning Policy Framework (NPPF) 5 Development Plan Policy 7 3.0 The Shopping Hierarchy and Catchment Area 13 Shopping Centres in Haringey and the Surrounding Area 13 Socio-Economic Characteristics within Haringey 16 4.0 Household Survey Results 20 Survey Structure 20 Scope of Analysis 20 Key Messages from the Household Survey Results 21 5.0 In-Centre Visitor Surveys 22 Survey Structure 22 Key Messages from the On-Street Survey Results 22 6.0 Wood Green Metropolitan Centre 24 Introduction 24 Mix of Uses and Occupier Representation 25 Centre Audit 27 Summary 32 7.0 Muswell Hill District Centre 33 Introduction 33 Mix of Uses and Occupier Representation 33 Centre Audit 36 Summary 41 8.0 Crouch End District Centre 43 Introduction 43 Mix of Uses and Occupier Representation 43 Centre Audit 46 Summary 50 9.0 Green Lanes District Centre 52 Introduction 52 Mix of Uses and Occupier Representation 53 4553780v2
  • Gilson Barn D&A

    Gilson Barn D&A

    182 High Road, Ilford, IG1 1LR Design & Access Statement Full Planning December 2017 182 High Road, Ilford, IG1 1LR Contents Figure 1: Photographic Analysis 1.0 Introduction 1.1 Aims 1.2 Design Ethos 1.3 Location 1.4 Existing Structure 1.5 Proposal 2.0 History 3.0 Planning Guidance 3.1 Planning History 4.0 Proposed Development 4.1 Design Concept 4.2 Use 4.3 Amount 4.4 Layout and Scale 4.5 Appearance and Materials 4.6 Opening Hours 4.7 Staff 4.8 Access 4.9 Parking 5.0 Conclusion 182 High Road, Ilford, IG1 1LR 1.0 Introduction Figure 2: Site Location 1.1 Aims This architectural design document has been prepared by architecture & Interior Design as part of a full planning application on behalf of our client for the change of use from A1 retail to A3 restaurant with ancillary A5 takeaway, with new shop front to the front elevation. 1.2 Design Ethos The design approach can be summarised as follows: To provide customers with elegant style dining experience with modern and elegant fittings throughout. The design should incorporate various aspects of sustainable design, and looks to new technologies and local workforce. 1.3 Location The application site is located in Ilford on the main High Road, which is within the heart of the city centre. The site benefits from public transport with bus services operating on Ilford Hill and Cranbrook Road, leading throughout Ilford and towards the city centre which is walking distance away. The site is ideally located for the proposed change of use being within a prime city centre location walking distance away from the city centre with a mix of high street commercial retail and food eateries.
  • NTE Blackburn and Darwen Town Centre Presentation V5

    NTE Blackburn and Darwen Town Centre Presentation V5

    BLACKBURN AND DARWEN EVENING & LEISURE ECONOMY BLACKBURN Blackburn Town Centre Evening Economy Plan Background . Blackburn town centre’s night time economy has suffered from a lack of investment over the last 20 years. A period of ASB linked to the rise of binge drinking and zero tolerance enforcement impacted on the commercial viability of the businesses . Perception of safety and negative press 3 Blackburn Town Centre Evening Economy Plan Background . Development of the Vue cinema and leisure complex edge of centre doesn’t benefit the core town centre . Lack of good quality restaurants and bars . Strong competition from nearby towns including Darwen, Whalley and Clitheroe as well as Manchester and Preston has meant a wide and quality choice is elsewhere. Sits within a wider strategy to encourage further retail, employment uses and town centre living. 4 Blackburn Town Centre Evening Economy Plan Strategy – 3 Objectives 1. To improve perceptions of the town centre and tackle any issues 2. To improve the current offer by supporting independent operators and encouraging cultural events 3. To invest in the longer term development of the town centre and providing quality sites and spaces for new restaurants, leisure and bars 5 Blackburn Town Centre Evening Economy Plan Progress So Far – Perceptions and safety . The successful vote and 5 year investment programme of Blackburn BID from 2013 has supported a professional marketing campaign, coordination of town centre stakeholders’ efforts, delivery of a strong events programme and environmental and safety initiatives to support the retail offer 6 Blackburn Town Centre Evening Economy Plan Progress So Far –Perception and safety .
  • Steel Anchors Wales Retail Blackburn Goes Continental Flexible Liverpool

    Steel Anchors Wales Retail Blackburn Goes Continental Flexible Liverpool

    SEPTEMBER 2009 VOL17 NO8 NEW STEEL CONSTRUCTION www.new-steel-construction.com Steel anchors Wales retail Blackburn goes continental Flexible Liverpool school Students shine in Awards 2 NSC September 2009 CONTENTSSEPTEMBER 2009 VOL17 NO8 2214 These and other 15 Editor’s comment Several initiatives aimed at boosting steel’s attractiveness have steelwork articles can been under development and will shortly be launched, writes Editor Nick Barrett. be downloaded from the New Steel Construction 16 News Target Zero, the joint three-year £1M BCSA and Corus initiative aimed at making website at www.new- zero carbon buildings a reality, will publish its first guidance document later this year steel-construction.com 11 Eurocode implementation The countdown 12 The winners of the annual Corus Student Design Awards, which were divided into a Structures and a Bridges category, were praised for their outstanding designs. 13 The brief for the Corus Student Awards – Architecture was to produce a design for a ‘vertical community’ where people would live, work and enjoy leisure facilities. 14 Peterborough will soon have a new state-of-the-art hospital due to an innovative design and a steelwork programme that finished ahead of schedule. 18 Steelwork’s flexibility led to it being chosen as the framing material for Liverpool’s West Derby & Ernest Cookson School. 20 A £50M redevelopment scheme will turn the historic market town of Carmarthen into the west of Wales’ main shopping destination. 22 A large steel framed extension to an existing shopping mall will bring a welcome retail boost to the Lancashire town of Blackburn. 24 The new European standard for the CE Marking of structural steelwork is expected to come into force in May.