Given its importance, Locate East Sussex and its local authority sponsors have made a strong and on-going commitment to a programme of property research. This has led to a series of studies into the County’s property industry which are published below. They are helping us to understand what is going on at a time of massive structural change as property responds to the on-line revolution: a trend greatly accelerated, in the last months, by the impact of the coronavirus pandemic.
The first studies are market evaluations based on qualitative research. Market information has been collected in a series of interviews with commercial property professionals who know the patch and were able to give a candid account of market trends.
We hope you find them interesting and useful read.
Locate East Sussex has prepared a series of short monthly reports on the impact of coronavirus on East Sussex commercial property for its local authority sponsors.
These reports take us through the latter stages of the first lockdown and the recovery phases of the coronavirus pandemic to illustrate the changing impact of the crisis on the County’s commercial property market.
Taken together, these documents summarise progress over this period since the Land & Premises Supply Study, a market evaluation which was finished in May 2020 (see below). Each report is based on interviews with a wide range of commercial property professionals across the County, including developers, landlords, a lawyer, and many specialist commercial property agents, giving a granular view of the coronavirus crisis from all perspectives in the property supply chain.
This major report takes a detailed look at East Sussex Commercial property and its suitability for the future.
Based on a series of searching interviews with property professionals, and drawing on many other sources, we take stock of business class space and look at employment land supply in East Sussex from a market perspective and look at the key issues. The report is intended to provide evidence to strategic partners who are potentially in a position to influence planning policy and improve outcomes.
"I must congratulate you on your report. I think it is first class. Not just because I agree with most of what you say, but because it is very well constructed and your points very well made. A report of this type is very much overdue."Derek Godfrey Construction Consulting Services
Mike’s property related career started at London Underground property development in the 1980s where he worked on railway and commercial projects including major airspace developments, and was a member of a change management team. Following this he became active in economic development for 16 years, setting up and leading inward investment promotion agencies in both West and East Sussex – the roles focusing on improvement of the commercial property infrastructure in both counties. Later, he became Communications Director for a London-based property development firm.
Since 2013 he has worked extensively as a consultant on property projects that have included helping developers bring forward several leading business parks in East Sussex through finding grant funding and providing other support. He has advised Local East Sussex on commercial property matters since 2019.
Award-winning Sussex-based housing company, Goscombe, has partnered with OSCO Homes from Manchester to bring a new modular manufacturing hub to Sussex.
Together, they will build and operate a production facility with embedded skills training academy to deliver much-needed new social and affordable homes to the Sussex region.
Over five million pounds has been awarded after Lewes District Council successfully bid for the award from the Future High Streets Fund.
The bid entitled 'Re-imagining Newhaven', focuses on offering a wide range of services for visitors and residents by re-purposing derelict and under-used buildings, and diversifying the town centre to help build the local economy and strengthen the community with money spent more locally.
Lewes District Council has agreed to bring forward plans to create jobs and boost Newhaven's economic growth by redeveloping the former UTC building.
While being empty for more than a year since it closed as a technical college, the Grade II listed building has had a council commitment to put forward £500,000 in match-funding to complement the £1.3 million put forward by the government via the Getting Building fund.
Eight projects, put forward by East Sussex County Council, will receive funding from the recently announced South East Local Enterprise Partnership’s (SELEP) £85 million share of the Government’s new Getting Building Fund to deliver jobs and help East Sussex economy recover.
More than 8,000 sqm of commercial space will be unlocked, and over 400 new learners will have access to new skills facilities and programmes.