Monthly Covid Impact Reports
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.
June 2020 Update
July 2020 Update
September 2020 Update
October 2020 Update
November 2020 Update
January 2021 Update
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Land & Premises Supply Study – Market assessment for East Sussex, May 2020.
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.
Reports are conducted by Property Consultant Mike Cogswell
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.
Property News
Affordable housing partnership brings substantial inward investment to Sussex
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.
Multi-million funding secured for Newhaven regeneration
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.
Ambitious plans announced for former UTC Building
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.
East Sussex projects to receive over £11 million to support economic recovery and create over 440 new jobs
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.
