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Contaminated Land
This concept is governed by a statutory framework, the most relevant
being the introduction of new regulations into Part IIA of
the Environmental Protection Act 1990 by the Environment Act
1995.
These regulations impose a clean up liability where land
is contaminated by substances that are causing, or likely
to cause, significant harm or water pollution.
The Local Authority is primarily responsible for taking regulatory
action and identifying contaminated sites. In general terms
the liability for clean up falls upon the persons who have
caused or knowingly permitted the 'pollution'.
Prior to purchasing an interest in land, detailed investigations
into contamination are usually carried out by an environmental
consultant.
Thereafter, a valuer will have to have regard to the contents
of any environmental report in as much as it may affect the
value of an interest in the subject property.
A bank or mortgage company will often require that an environmental
assessment takes place as a condition of the loan.
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Before you go office
hunting, make sure you have defined your space needs and service
priorities. Global Office Search can help you determine your
exact space requirements, locate the commercial properties that
best fit and help you negotiate favourable terms. |
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Global Office Search
Global Office Search
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| Global Office Search can provide
in-depth knowledge. |
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| Insight on the potential
for buying, selling or leasing offices and commercial
property and land in London and throughout the UK. |
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| We specialise in offices, with or without
warehouse, distribution or industrial space, and we represent
many owners, occupiers, developers and investors across the
country. |
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| As part of your office relocation
process, we offer an informal meeting to assess the realistic
options of selling or letting existing commercial property
or finding more suitable alternatives. |
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| We make our recommendations
but you decide what happens next. |
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