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Hereford works completed

Hereford works completed

Work completed just before Christmas on four luxury apartments by Helmsley Group in Hereford town centre.

The homes are housed in a Grade II* listed building and offer stunning views of Hereford Cathedral.

Tom Sykes from Helmsley Group says: “These apartments are full of character, with features like spiral staircases and windows that overlook Hereford cathedral making them really stand out. The designs make use of natural light, offering people a stunning place to live in a beautiful building right in the town centre.”

For further information please contact Tom Sykes on tom-sykes@helmsley.co.uk

York office market remains strong as VetPartners moves to Clifton Moor

York office market remains strong as VetPartners moves to Clifton Moor

VetPartners is preparing for take-off with a move to a new headquarters in Clifton Moor, York.

The veterinary group, which was established in November 2015, owns 94 of the UK’s most respected and trusted small animal, equine, mixed and farm animal veterinary practices.

The new office is double the size of the current headquarters. VetPartners CEO Jo Malone said: “VetPartners’ roots are in York and our new head office will provide the base for our ongoing expansion.”

Tom Sykes, Group Surveyor at Helmsley Group, said: “The letting of Spitfire House represents one of the largest single occupier leasehold transactions in York for a number of years.”

“We are delighted to have secured a new tenant for our clients at the property on Clifton Moor. As a York-based property company, we are also delighted to have completed the lease as we believe this shows that York is an attractive option for large companies such as VetPartners.

“Their commitment to York was evident throughout the whole negotiation period and we hope other local, regional and national companies follow suit.”

The Helmsley Group was advised by Langleys Solicitors.
James Bradley, senior associate in the commercial property team at Langleys, said: “This represents a significant letting in York’s commercial property market, attracting a major national brand to relocate its head office to Clifton Moor. We are very pleased to conclude the deal negotiations on behalf of both the Helmsley Group and its syndicates.”

Nearly 20,000 sq ft of office space now available at Monks Cross

Nearly 20,000 sq ft of office space now available at Monks Cross

Helmsley Group is refurbishing a further 20,000 sq ft of office space at Arabesque House on Monks Cross, York.

Tom Sykes, Group Surveyor says: “The offices will be ready for letting in Q2 and will provide much needed space for York’s office supply. Even the out of town market is in high demand, proved by our recent letting to VetPartners at Clifton Moor, so this space will add choice for new businesses on the move.”

For further information please contact Tom Sykes on tom-sykes@helmsley.co.uk

Women in Property netball at English Institute of Sport

Women in Property netball at English Institute of Sport

A team from Helmsley Group took part in a Women in Property netball and networking tournament in January.

The event was held at the English Institute of Sport in Sheffield and saw 10 teams compete.

Team Captain, Candice Robertshaw, comments: “There was a lively and competitive atmosphere on the night, and in true Helmsley Group fashion we had great fun. We’re even looking into joining a local York league with the new dream team.”

Builders start on rare York homes for first time buyers

Builders start on rare York homes for first time buyers

A unique new development targeting first time buyers in York has builders on site this week.

The Hallfields scheme from local developer Helmsley Group is set to create 14 new build apartments within walking distance of the city centre.

The collection of 14 new build apartments is set to launch in Summer 2019 and is one of the few new schemes targeting the first time buyer market through the Help To Buy scheme.

Max Reeves, Director at The Helmsley Group, comments: “The York homes market has been tough on first time buyers in the last few years, with high prices and little stock coming on the market except for some of our schemes at Clifton Moor.
There’s a real need to help these younger buyers in the city and we’re delighted that work has started at Hallfields, so first time buyers can also have access to city living with help from the government backed Help To Buy scheme.”

Making tax digital – what it means for you

Making tax digital – what it means for you

We ask Sue Jones, Financial Director at Helmsley Group about the impact on our clients of making tax digital

Sue says: ‘Both Helmsley Group and Colenso are making the necessary preparations to ensure the smooth transfer to Making Tax Digital, which comes into force from 1st April 2019.

VAT returns will have to be submitted either through compatible accounting software, or through ‘bridging’ software.
The financial team at Helmsley Group has been preparing for this move with seminars and training, to see which software will be most valuable for our clients.

For LLPs and any companies requiring accounts, we’ll be moving from preparing accounts manually using excel spreadsheets, to an accounting package called Xero.  This is very user friendly, cloud based software and will cost £264 per company per year.

For our syndicated properties, which don’t require annual accounts, we’ll be submitting VAT returns through bridging software called Absolute Accounting, whereby we input the necessary figures into the software, which it then uploads to HMRC. The cost will be £40 per syndicate per annum.

For any questions please contact Sue on sue-jones@helmsley.co.uk

Definitions

High Net Worth Investor – An individual who has signed, within the period of twelve months ending with the day on which communication is made, a statement to confirm they have an annual income of not less than £100,000, or net assets, excluding their primary residence, of not less than £250,000.

Certified Sophisticated Investor – An individual who has a written certificate within the last 36 months by an FCA Approved Person confirming that the Investor is sufficiently knowledgeable to understand the risks associated with engaging in investment activity in non-mainstream pooled investments

Self-Certified Sophisticated Investor – An individual who has signed, within the period of twelve months ending with the day on which communication is made, a statement to confirm that have sufficient knowledge to understand the risks associated with engaging in investment activity in a non-mainstream pooled investments.

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