RIP BPRA

6 April 2017

Over the last five years the Fladgate Hotels and Leisure Team has been involved in hotel development schemes in Birmingham, Newcastle-upon-Tyne, Liverpool, Aberystwyth, Cardiff, Dundee and Sheffield which have resulted in or will before too long lead to the opening of 30 hotels under a variety of brands, including IHG’s Holiday Inn Express, Hotel Indigo and Staybridge Suites and Hampton by Hilton.

All of these developments have benefited from enhanced capital allowances under the Business Property Renovation regime.  Regrettably as from midnight on 5 April this year such incentives are no longer available to help grow the stock of hotels around the provinces.

The incentives will be sorely missed by investors, developers, brand owners, funders and especially the Fladgate Hotel & Leisure Team.

Julian Lewis Author
Julian Lewis
Partner
About the author