An existing client approached our team, seeking expert guidance on how to best address some challenges with planning, for a large office block in the heart of Farringdon, London.
Our task was to resolve matters in relation to a legal agreement, as well as ensuring that an extension to the existing building of three storeys, obtained a favourable permission.
The site is located on the outer edge of Hatton Garden, this is a special policy area that requires contributions toward Jewellery Floorspace. Our client had diligently been marketing floorspace associated with previous extensions to the existing building, well in excess of the 1 year required.
However, the council had failed to effectively engage with the client and discharge the obligation. In order for the floor space to be taken up by businesses outside of the Jewellery sector the obligation had to be removed, in this regard we submitted a discharge of obligation application. This involved careful preparation of evidence and a clear demonstration that the requirements of the legal agreement had been met.
In parallel, an application for 3-storeys of new office space that our consultants had submitted at a previous practise, remained live. In order for the scheme to be approved an acceptable legal agreement was required.
In addition, security that Camden would discharge the obligation should there be no demand for the space was imperative, this would allow the client to have the confidence that the council would discharge the obligation at a later date.
We successfully removed the obligation, meaning that the office space can be occupied by other businesses. It also meant that the permission for an extension to the building could be finalised, securing additional employment space in Camden. We managed this application over the line.
Whilst questions around the office life remain, making enhancements and improvements to existing facilities can help secure long-term viability.
- Successfully negotiating with the Council to remove barriers for the floorspace being taken up by a range of businesses.
- Advising and ensuring that an extension to the building achieving 3-storeys of new floorspace was acceptable in planning terms.