Mixed use schemes are a popular means of delivering town centre regeneration. They encourage participation across the business sectors, and often include residential elements that can sustain the local economy in the long term. Such schemes typically include retail, office and hotel space. Larger schemes may also include residential flats, dedicated car parking, often at basement level, and leisure complexes.
In addition, to the complexity of development, these schemes are often funded through SPV companies or forward funding agreements and include land contamination. Both of which can have implications on the level of tax relief available.
As owner occupiers or investors in mixed use schemes you may be missing out on valuable tax relief. For further information on how Cavetta Consulting can help download the attached brochure.