The Elite Ayrshire Business Circle

Friday, 2 April 2010


Clydesdale Bank analyst gives Ayrshire
businesses latest economic outlook


AYRSHIRE businesses got the chance to discuss how the Chancellor’s Budget will affect the local economy with a top market commentator as part of a series of events hosted by Clydesdale Bank last week.


Nick Parsons (pictured above) is Head of Markets Strategy Europe for National Australia Bank Limited, the parent company of both Clydesdale Bank and Yorkshire Bank.

He spoke to 100 local businesses at lunch and dinner sessions on the 25 and 26 March, organised by the Clydesdale Bank’s Financial Solutions Centre (FSC) in Ayrshire.

Local businesses, professional firms and farmers all got the opportunity to hear and discuss the economy with Nick. The impact of the Budget, future trends in the economy and the agricultural sector were the main topics discussed across the two days.

Nick Parsons said: “During the two days in Ayrshire businesses wanted clarification on how the Chancellor’s changes will affect them and to get a steer on how future market conditions will affect the local, UK and global economy.

“The events in Ayrshire are always well attended and the discussions spark interesting and insightful debates, making coming back to the area worthwhile."


Willie Mackie (pictured above), managing partner at the Clydesdale Bank Financial Solutions Centre In Ayrshire said: “Nick’s informative and insightful commentary is always well received by local businesses. His willingness to open the discussions to a wide range of issues results in the attendees going away with valuable information that will benefit their business.”

Nick Parsons addressed members and guests of the Elite Ayrshire Business Circle at its latest business networking meeting on Thursday 25 March.


Norman Geddes (pictured above) is executive chairman of the Elite Ayrshire Business Circle, and senior partner at Ayr-based Frazer Coogans Solicitors.

Norman commented: “As usual, Nick gave us a forthright and enlightening update about the current state of the UK and world economies.

“Particularly thought provoking was his warning that although the recession is officially over, recovery will be slow and possibly erratic, especially here in the UK. Economic recovery is entirely consistent with an occasional month of zero or even negative growth.

“Nick’s point was that businesses would be well advised not to attempt to expand too quickly or too soon.

“After all, it would be unfortunate to say the least for a business to survive the recession, only to fail during the subsequent economic recovery.

“The Elite Ayrshire Business Circle would like to thank Nick for his latest visit to Ayrshire, and we look forward to his return in the not too distant future.”

LINK:

PR-Inside

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Thursday, 1 April 2010


CKD Galbraith reveal seven sophisticated
tactics for selling your property


SCOTLAND'S leading independent property consultancy CKD Galbraith has outlined some key factors which should be considered by home owners thinking of selling their property, whilst providing ‘top tips’ to allay some existing fears about the Scottish housing market.


Bob Cherry (pictured above), partner in CKD Galbraith’s Ayr office, offers a selection of ideas to help home owners assess their property whilst steering it through the selling process.

Bob said: “In our experience, homes, the best of their kind in every category from cottages to large country houses, are selling extremely well if placed under competition, with a number of homes still achieving premiums above guide prices.

“The interest levels in all property however are driven by supply and demand. In essence, if your house falls into a sector that looks upon research to be over-supplied in the local market, you definitely need to employ a number of sophisticated tactics to make your house stand out from the crowd and be the one that sells.

“The houses that are in short supply are typically the idyllic cottage, an historic house in the heart of a sought after village, the town house to ‘do up’, the Old Manse located on the edge of the village, and if there is a beat of fishing or pony paddocks even better.

“These homes continue to enjoying huge amounts of interest with a sizeable number of sales being undertaken privately off-market through agents, which is great news for sellers, but which unfortunately feeds the public perception of a lower transactional rate, which is not always true.”

So what should you do to make your home stand out from the crowd?

Bob Cherry advises:

* Look at your house objectively and ask yourself what the outstanding features were that made you buy it. It is more than likely that a potential buyer will be attracted to those features and they need to stand out.

* First impressions do count. Buyers tell us they make up their mind to buy a house within five minutes of arriving; which means you can also lose them within the first five minutes if you don't set about creating the right impression, so do dress the house before viewings.

* If you were a potential buyer, what would you do to improve your house? For example, is there a planning permission that you have always dreamt of getting, if so take advice and see if this adds value?

* Think ahead. If you feel you might be on the move within the next twelve months, talk to a good agent about professional photographs in May or June when the gardens and indeed the weather should be at its best. If something comes up and you have to move in the autumn, your house will be displayed at its best.

* Choose your agent wisely. In a slowly recovering market you will need the best possible advice. How well does your agent know the local and national market and operate in your property segment? An investment made with your agent in the marketing process can reap huge dividends with a dramatic increase in viewers and price.

* Do your research. Find out what other properties have actually sold for and set your guide price competitively. You want to be the one with the most interest not the one that just looks the best but with little chance of selling.

* Keep an eye on the competition. If others are selling around you, while you instruct your agent to be honest with you, they might be frightened of losing the job when really they should be advising you on how to sell.


Bob Cherry concludes: “Try to be as relaxed as you can throughout the process. A house with a happy feel and an owner who does not appear desperate will produce the right type of buyer and a good relationship throughout the sale process.”

For further information: Contact Bob Cherry 01292 268181.

CKD Galbraith’s Ayr office:

CKD Galbraith
7 Killoch Place
Ayr KA7 2EA
Ayrshire, Scotland

Contact: R A Cherry BSc MRICS
Tel: 01292 268181
Fax: 01292 292300
E-mail: bob.cherry@ckdgalbraith.co.uk
Web: www.ckdgalbraith.co.uk

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South Ayrshire Council says new opportunities are just the job!

EIGHTY-SEVEN local people are all set to benefit from new job opportunities, thanks to a successful bid from South Ayrshire Council to the Government’s Future Jobs Fund.

A total of £564,000 has been awarded, with the first forty three recruits already taking up posts across South Ayrshire.

Aimed principally at 18-24 year olds who have been out of work for six months or more, the Future Jobs Fund offers employment and training lasting at least 6 months to each young person, helping them develop a wide range of valuable skills, preparing them to succeed in the labour market.


Councillor Bill McIntosh (pictured above), Leader of South Ayrshire Council and Chair of the Community Planning Partnership said: “This is excellent news for young unemployed people in South Ayrshire.

“Working closely with the local Jobcentre Plus, we have identified a range of opportunities with many organisations in which young people can best develop their experience and skills. Eighteen of these new jobs will be with social enterprises and the voluntary sector, and all have a direct benefit to local communities.

“I’m delighted the first forty-three are now employed, and look forward to the remaining forty-four posts being filled quickly by local people who will make the best of this terrific opportunity.”

Ian McNeillie aged 20 from Ayr said: “It’s good to have a job again. I’ve learned a great deal so far and will have the opportunity to gain hand cutter and strimmer licences as well as a Health and Safety qualification.”

Twenty two-year-old Robert Steel also from Ayr agreed, adding: “It’s been really interesting – I am part of a great team, all of whom are really knowledgeable, and I have learned a lot.”

Peter Meechan, one of the new recruits from Dalmellington said: “This is a great opportunity for all of us, and we’re really enjoying it, as we gain skills and experience while also making a difference in our local community.”

Andrew Scott, 20, said: “I’m working with a grounds maintenance squad and we’re working really well as a team. We’re all local lads and all of us think this is one of the best opportunities around!”

Another member of the team, Ruarri Brown, 22, added: “This is a good chance to get your foot in the door to permanent work. It’s great to get recognised training and skills, but even better to be in a job and to get paid!”

Jean Wilson, district manager, Jobcentre Plus Ayrshire concluded: “Helping young people from Ayrshire into work through the Future Jobs Fund is of direct benefit to them as it offers an excellent way of gaining new skills, taking part in relevant, up to date training and focuses on helping them build a career in a work area of their choosing.”

LINK:

South Ayrshire Council

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There are currently 681 Ayrshire business stories permanently archived on this site. To locate those of most interest to you, please use the site search facility in the top left hand corner of this page. Type your search term in the white box, then click the magnifying glass symbol.

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Tuesday, 30 March 2010


CKD Galbraith market lovely conversion
in stunning Ayrshire coastal location


SCOTLAND’S leading independent property consultancy CKD Galbraith's Ayr Office is marketing a fine conversion with outstanding views over The Firth of Clyde and Arran in a prominent setting in Seamill, West Kilbride.


West Kilbride is now achieving fame as the “Craft Town Scotland”. The village boasts a growing number of craft shops and studios, as well as several leading artists.


56A Ardrossan Road is a superb 4 Bedroom House forming the western portion of The Fort, a prominent and impressive Victorian Villa in the sought after village of Seamill, North Ayrshire.


The Fort was originally constructed in around 1885 for a prominent local merchant and was subsequently sub divided into two houses around 1950. Traces of Roman buildings are said to have been uncovered at The Fort.

The accommodation comprises formal Lounge, fully fitted Kitchen with French doors to patio area, Dining/Family Room, 3 Bedrooms (one en suite), Study/Bedroom 4, WC and family Bathroom.

The House sits in attractive gardens with shared drive, lawns and a range of mature trees and shrubs. There is also a raised garden with magnificent views over the bay towards the Isle of Arran.

Offers Over £195,000 are being sought.

For further information: Contact Bob Cherry 01292 268181.

CKD Galbraith’s Ayr office:

CKD Galbraith
7 Killoch Place
Ayr KA7 2EA
Ayrshire, Scotland

Contact: R A Cherry BSc MRICS
Tel: 01292 268181
Fax: 01292 292300
E-mail: bob.cherry@ckdgalbraith.co.uk
Web: www.ckdgalbraith.co.uk

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Scottish Government extends business rates
relief to more small firms


AN EXTRA 3,600 small Scottish firms are set to become eligible for a discount on their business rates bill through an expansion of the Small Business Bonus Scheme.

Changes coming into effect from 1 April 2010 mean almost 60 per cent of all business premises in Scotland will be better off, with average savings on their business rates bill of over £1,300 - almost double the reported figure in England.


Finance Secretary John Swinney (pictured above) today visited an Edinburgh business already benefiting from the Scottish Government’s Small Business Bonus Scheme. The scheme has removed business rates entirely for around a quarter of all business premises in Scotland.

The scheme is being extended from 1 April 2010 so that a further 3,600 properties in small chains become eligible for a discount. For example, an eligible retailer with three small shops with a total rateable value of £24,000 would not previously have received any discount. But now each shop will receive a discount of 25 per cent and the business will save over £2,400 next year.

Speaking on a visit to Heritable Ltd, an independent financial advisor based in Edinburgh’s New Town, which receives a 25 per cent discount on its bill through the scheme, Mr Swinney said: “The Scottish Government has always been clear about the importance of creating a supportive business environment.

“The latest five-yearly revaluation of business rates has been carried out in this context. As a result of our decisions, the vast majority of businesses in Scotland will see their bills fall from 1 April. At least half of all firms will be eligible for a discount on their bills through a total rates relief package worth £2.4 billion over five years.

“This includes the extension of our successful Small Business Bonus Scheme, which is already helping companies like Heritable Ltd through the economic downturn by allowing them to make vital savings and re-invest in the business.

“Initiatives of this kind underline our determination to do all we can to help Scottish companies through the challenges of recession, encourage a strong recovery and help firms make the fullest possible contribution to building a strong and sustainable Scottish economy.”

The Scottish Government set a 2010-11 business rates poundage of 40.7p - 15 per cent lower than 2009-10, matching the English poundage and the lowest poundage ever set in Scotland.

Eight out of 10 companies set to see bills fall from 1 April will benefit from the Government’s decision not to have a Transitional Relief scheme similar to England. Such a scheme would fail to pass on savings to those who should legitimately see their bills fall - the majority being SMEs and high street businesses. Transitional relief similar to that in place in England would have increased bills by almost £70 million for high streets and SME businesses.

At least half of all firms in Scotland will be eligible for a discount on their bill from 1 April 2010 as part of a relief package worth £2.4 billion over five years. The threshold for payment of the supplement for larger businesses and for relief to firms in rural areas is being increased.

The thresholds for the Small Business Bonus Scheme are also being uplifted, with around 3,600 additional properties in small chains becoming eligible for a discount through extension of the scheme. The scheme has been expanded in 2010-11, to allow a business with two or more properties with a cumulative rateable value of £25,000 or less to qualify for relief of 25 per cent on individual properties with rateable values of up to £18,000.

And following agreement of the world-leading Climate Change Act, the Scottish Government is introducing a new targeted relief scheme for the renewable energy sector, offering discounts of up to 100 per cent.

Business rates are paid by non-domestic properties - including shops, offices, warehouses and factories, and any other property that is not classed as domestic property. A revaluation of non-domestic subjects in Scotland is carried out every five years by the independent Scottish Assessors. The principal purpose of a revaluation is to ensure that the distribution of the rates burden between ratepayers remains equitable.

LINK:

Scottish Government

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