Business Rate Exemption Opportunities at Blackpool Enterprise Zone
Posted on 13th December 2016
Robert Pinkus & Co are currently marketing various properties that could save potential owner/occupiers significant sums of money because of their location, location, location!
Properties that fall within the Blackpool Enterprise Zone, subject to qualifying criteria, can potentially benefit from business rate exemption up to a maximum of £275,000 over a five year period for new businesses loacting before May 2023. Businesses can also benefit from Enhanced Capital Allowances for investment in fixed plant and machinery if occupation is taken by March 2023.
What is Blackpool Enterprise Zone?
A new government backed initiative is providing Enterprise Zone status to a 144 hectare site incorporating the existing Blackpool Airport site and surrounding commercial areas. It will help to transform the area into a key employment site with the potential to support up to 140 new businesses and 3,000 high-tech jobs over the next 25 years.
Blackpool Enterprise Zone is also set to become a centre of excellence for the energy sector, including hosting the flagship Lancashire Energy HQ, a development by Blackpool & The Fylde College which is backed by £6.2m of Growth Deal funding and will provide a dedicated new training facility for energy technicians. The Zone is also home to Lightworks, where Blackpool Illuminations are manufactured and stored.
What properties qualify?
Robert Pinkus & Co. LLP are currently marketing the following properties:
Enterprise Court – Phase One of a new commercial development of 12 small business units suitable for workshop, warehouse and office use, starting at 750 sq ft each, ready for occupation in May 2017.
Piper Court – A 3,200 sq ft end terrace industrial warehouse with a minimum eaves height of 7.1 m, separate personnel access, sectional loading doors and a large concreted yard.
Avroe Crescent – A 4,943 sq ft, two story, detached headquarters office building prominently situated at the entrance to Blackpool Business Park. The offices comprises a combination of open plan and cellular rooms, a large kitchen and WC facilities to both floors and ample parking within a landscaped site for approx 25 cars.
For further information on possible Business Rates Exemption and other benefits please contact Rob Green at the Economic Development Company on 01253 478729, www.blackpoolez.com or email firstname.lastname@example.org