In this issue
Redhill Business Guild
Commercial Development Monitors
Reigate and Banstead Business Directory
Business start up workshop
Mayor's Business Forum
Social value event
Making your newsletter a 'must read'
Local plan consultation
SME Surrey Business Awards 2016
Redhill Recruitment Event
What's on
What's on
4 Aug 10.30am-12pm Elevensees & Networking, Hampton by Hilton, Gatwick North Terminal.  Free for Gatwick Diamond Members.  Find out more

6 Sept, 4 Oct & 1 Nov 10am - 12pm Business Development Group for Women,
Hartsfield Manor, Betchworth. Find out more

14 Sept, 8-10am Minimising Risk
, a Morrisons Corporate Insight Seminar, Reigate Manor Hotel. Find out more

22 and 29 Sept, 9.30am-4.30pm
,       Let's Start a Business, Town Hall, Reigate. Find out more

20 and 27 Oct, 9.30am-4.30pm       Let's Start a Business, Town Hall, Reigate. Find out more

17 and 24 Nov, 9.30am-4.30pm      Let's Start a Business, Town Hall, Reigate. Find out more 

20 Oct, Target Business Expo, K2 Crawley. Find out more


The bird table
Be part of a business development group for women at Hartsfield Manor 6 September, 4 October and 1 November. Just £120 for the three month programme.
Read more »
Funding/Awards
Coast to Capital Regional Growth Fund
For SMEs who want to grow and create new jobs. Grants of up to 40% of a total project are available for companies located within the Coast to Capital Region who can demonstrate how the investment will lead to job creation and growth.

Deadline for applications is 30 September 2016.

Find out more


Business Support Grants
From Reigate & Banstead Borough Council
Do you have fewer than four employees? Are you looking to start up or grow?
Apply for our business support grant of up to £1,000. Just fill in a simple application form and submit it, along with your business plan.
Find out more.

Women in innovation
Innovate UK has up to £200,000 and a package of tailored support to award to businesswomen who have exciting ideas and the potential to become leaders in innovation and deliver significant economic growth. Find out more

Innovate UK open funding competition
Innovate UK is investing up to £15 million in innovative R&D projects. The competition is open to all UK companies. Find out more

Queens Award for enterprise innovation
Could your product or service win a Queens Award? Apply by 2 September. Find out more
Do it online
It's quicker to report things, make payments and apply for services online.
Commercial Development Monitors
Did you know that the Council monitors available office space?
 

The Council produces an annual monitor of the amount of office space available in the Borough, the latest monitor has just been completed.   Headline figures show that between 1 April 2015 and 31 March 2016 the borough lost 9,623sqm of office accommodation, 75% of which is due to office to residential conversions. Over the same time period the amount of available office accommodation available on the open market fell from 33,633sqm to 26,144sqm (22%).

The Government has announced that permitted development rights for the conversion of offices to residential will be made permanent as of 6 April 2016.Employment & Retail Completions

Within the last twelve months 699sqm of gross employment and retail floorspace has been completed, down from 786sqm in the previous monitoring period. There has been a significant net loss of office (B1(A)) floorspace, 75% of which is due to office to residential permitted development rights.

  • Extant Employment & Retail Permissions (Pipeline) – Extant and under construction schemes could create over 32,000sqm (gross) of new or expanded employment and retail accommodation. Once losses are factored in, the pipeline could however result in a net loss of over 32,500sqm of B1-B8 space, the majority of which would be offices (96%). Conversely, pipeline schemes could deliver a net gain of 12,378sqm of retail floorspace due to a number of large-scale regeneration developments in Redhill including the former Liquid & Envy nightclub, Redhill Railway and Sainsbury’s redevelopment.
  • Development Characteristics & Location – 94% of retail and employment developments completed over the past year were on previously developed land (PDL). Based on completed and pipeline developments, just under 80% of potential new retail space would be located in town and local centres and over 85% of new industrial/distribution space would be located within designated industrial estates.
  • Borough Commercial Property Market – Within the last twelve months the amount of available commercial property in the borough (i.e. on the market) has fallen by a third (from 63,924sqm to 42,646sqm). All four town centres have seen a fall in the amount of available floorspace – Horley has seen the greatest fall (81% - 2,572sqm to 481sqm) followed by Banstead (70% - 1,495sqm to 443sqm). Office floorspace accounts for over half of the available commercial space (61%, 26,144sqm): this has been the case for the past six years.


Read the full monitor on our website

LikeLike (0) | Facebook Twitter LinkedIn Del.icio.us Digg
Email Newsletter Software by Newsweaver