ARTICLE · 08 JUNE 2012

What To Do With Surplus Property

Smith & Williamson

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With the recent release of Mary Portas’ final proposal to the Government for the regeneration of Britain’s ‘vacant high streets’ and the continuation of figures being released; ‘over 14% of Britain’s high streets are currently unoccupied’ (The Local Data Company); surplus property and vacant sites are hot topics.

United KingdomTax

Martin Courtney

With the recent release of Mary Portas' final proposal to the Government for the regeneration of Britain's 'vacant high streets' and the continuation of figures being released; 'over 14% of Britain's high streets are currently unoccupied' (The Local Data Company); surplus property and vacant sites are hot topics.

Removing the risk

Smith & Williamson has been working with a surplus property specialist, Legacy Portfolio, who help businesses to limit the financial and management risks of their surplus property which no longer meet their changing needs.

Vacant and non-required property is a huge burden on senior management and inhouse property teams in UK corporations. Legacy Portfolio offers a complete solution to this problem, enabling businesses to focus on properties which are part of their future business strategy. They take both the financial and management obligations of unwanted property, removing the related balance sheet volatility and creating the best

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