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Why the right kind of shop next door can help sell your home

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Not many of us want to live on the doorstep of a chicken factory or recycling centre. But what if your home is near a thriving business of a more seductive kind?

It might initially throw up some uncertainty, but experts are quick to point out that it can be a real positive.

‘As the work-life-commute balance is altered, there is genuine appeal in being part of a community and knowing your local retailers,’ says Adam Stackhouse, head of developments and commercial investments at Winkworth estate agents in London.

Thriving: Tea rooms in the market town of Hawes, North Yorkshire. Having an attractive local business close on your doorstep can add value to your home

Thriving: Tea rooms in the market town of Hawes, North Yorkshire. Having an attractive local business close on your doorstep can add value to your home

And having a business as a neighbour can add saleability. ‘Being close to good amenities or businesses will increase demand for a house and help add to the speed at which the sale is progressed,’ says Simon Backhouse, director at Strutt & Parker’s Canterbury office.

Butchers and bakers help draw in buyers

Top of the shops to have as a neighbour is the traditional village-style store, even if you don’t live in a quaint English village.

‘Businesses that appeal to potential buyers are hubs of the community such as gift shops, butchers and bakers and particularly florists,’ says Mr Stackhouse. 

‘The practicality of spending more time indoors has created a real interest in retail on our doorsteps as communities spend more time appreciating their immediate locale.’

Mr Backhouse sees the same trend out of town, too. ‘Over the past few months, with people spending more time at home during the pandemic, the spotlight has been cast onto the resilience of local businesses and the sense of community that a locally run enterprise brings to a village,’ he says.

It’s a return to a more simple way of life, ‘with attitudes shifting towards a French model of consumption – buying fresh bread, groceries and meat on a daily basis – as opposed to a reliance on big supermarket chains, being next door to these businesses is increasingly attractive.’

And although small, a decent convenience shop can add to the appeal of your property. 

‘In Barham, Kent, the village store and post office is a community-run enterprise with all but one member of staff being volunteers,’ says Mr Backhouse.

‘It’s a fantastic little shop, almost like a small Fortnum & Mason. It’s created by the community, for the community, and it’s businesses like these that set one village apart from the rest.’

Cafes and restaurants are a recipe for community spirit 

It’s not just village-style shops that are attractive neighbours.

Hospitality also holds huge appeal, offering a chance to integrate into a new community. 

‘Living next door to a cafe can mean that you are in the thick of the local social scene,’ says Mr Backhouse.

‘You’re likely to get to know your neighbours, be involved in events and, if you’re a foodie, there may be edible benefits to being right next door.’

Independent businesses appeal, too; well-established restaurants can significantly boost property prices in an area. 

Research by estate agency Knight Frank found a 31 to 60 per cent uplift in house prices over five years in the areas where Ivy brasseries had opened.

Meanwhile, having a Michelin-starred restaurant on the doorstep can add 50 per cent to the value of a home, according to a survey by primelocation.com.

Attraction: Well-established restaurants or cafes can significantly boost property prices in an area

Attraction: Well-established restaurants or cafes can significantly boost property prices in an area

… but certain business can reduce a home’s value 

Of course, all neighbours are not equal, and some businesses can reduce the value of a property. 

Living next to a McDonald’s, for example, can subtract 24 per cent off the value of your home, according to a study by commercial property agents Savoy Stewart, while a Primark can knock off 23 per cent.

Shops and restaurants bring with them the customers, meaning congestion and parking can cause a headache.

And while your dream home might be a stone’s throw from a cute bakery now, it’s wise to be aware this might not always be the case.

Bradley Bernett, a residential conveyancing solicitor for Curwens LLP, warns: ‘You have to consider a number of possible factors when buying next to a commercial unit.

‘Think about how easy it will be to sell when the time comes, the amount of footfall near you and most of all the potential use of the building.

‘While something is a shop now, that might not always be the case, so it’s worth looking into what it could potentially become.’

The future is here

Although Covid restrictions have had a huge part to play, the pandemic has sped up what the market was already experiencing. 

The appeal of living near businesses is set to stay long after lockdowns have eased.

John Kelly, managing partner at Glasgow-based agents Corum, says: ‘People want to school their children and live their life in their own community.

‘Good schools, parks and recreational facilities will never go out of fashion, but the growing demand for great places to eat, drink and socialise is rising.’

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Madison International Realty invests in London Salesforce Tower (GB)

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Madison International Realty has acquired a minority stake in the Salesforce Tower, London EC2, through a Jersey Property Unit Trust (JPUT), joining other investors including Heron International.

 

The 230-metre tower, completed in 2011 at 110 Bishopsgate, is an island site in the City of London and provides 441,000ft² of office space over 37 floors. The property is over 93% let to a range of tenants, the largest of which is Salesforce. The Salesforce Tower also has an outstanding food and beverage offering with Duck and Waffle and Sushi Samba at the very top and the Drift on the ground floor. The building has a BREEAM ‘Excellent’ rating for design.

 

The asset’s central location in the core of the City of London means it benefits from excellent transport connectivity, with Liverpool Street and Bank within a short walking distance. Similarly, there are a large number of new world-class food, drink and entertainment options nearby including the new Pan Pacific hotel adjacent at Heron Plaza and Eataly in Broadgate. In January 2021, an ING-led syndicate of lenders completed a €465.2m (£400m), five-year refinancing of the Tower.

 

Alex Lukesch, Managing Director at Madison International Realty commented on the investment: “This acquisition has allowed us to secure a stake in a prominent London office building, which we believe delivers space that meets the demands of modern occupiers looking for world-class offices in one of the world’s leading financial centres. The investment reflects our conviction in the ongoing resilience of the office sector and the role we believe it will play post-pandemic. We have observed that demand for quality, well-located space remains robust, while companies are increasingly looking for properties that also have strong ESG credentials to help meet their own sustainability targets. In Heron, we believe we have an experienced and highly regarded partner and we look forward to working with them on this venture.”

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Britain’s blossoming love for Japanese design in the home

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The design has a red lid and a narrow neck which widens to form a base of sturdy hips. When poured, the contents flow in a singular, uninterrupted stream.

The Kikkoman bottle hasn’t changed since it was designed in 1961 by Kenji Ekuan for the world’s largest soy sauce producer.

Simplicity has made it ubiquitous. And crucially, it works — think of wrestling with glass Heinz ketchup bottles or constantly wiping lids on plastic iterations. Likely, Kikkoman’s bottle is the reason we’re so familiar with soy sauce.

Serene: A contemporary Japanese-style sitting room. The country's influence can be seen most clearly in the clean, elegant and functional everyday products we use in our homes

Serene: A contemporary Japanese-style sitting room. The country’s influence can be seen most clearly in the clean, elegant and functional everyday products we use in our homes

In the introduction to her book Japanese Design Since 1945 (£35, Thames & Hudson), Naomi Pollock writes: ‘In Japan, good design is everywhere. But most of all, it’s in the home.’

The trend for Japanese-inspired, UK-based brands, such as Wagamama, Superdry and Yo! Sushi, is well worn, but the country’s influence is likely seen most clearly in the clean, elegant and functional everyday products we use in our homes.

Inspired idea 

The Japanese approach to design is summed up well by a single product – Muji’s right angle sock (from £3.50, muji.eu). 

As the foot is perpendicular to the leg, the sock should follow the shape of the body: design centres on the user rather than the designer.

The word ‘Muji’ translates as ‘without brand’ and the company invites (often renowned) designers to create reasonably priced products anonymously. 

Design guru Naoto Fukasawa is an adviser to Muji, and his wall-mounted CD player for the company (£149) is in the permanent collection at the Museum of Modern Art in New York.

Naoto Fukasawa's butterfly-inspired Grande Papilio Swivel Lounge Chair (£2,869, chaplins.co.uk)

Naoto Fukasawa’s butterfly-inspired Grande Papilio Swivel Lounge Chair (£2,869, chaplins.co.uk)

In the UK, Chaplins stocks a large selection of products from Japan, including some from the designer.

‘The idea is to create designs that appear to have been sculpted by the elements,’ says Ludovic Aublanc, creative director at Chaplins. ‘It’s the kind of minimalism that brims with emotion, that makes you grateful and happy to come home.’

The company stocks Fukasawa’s butterfly-inspired Papilio range – chairs and sofas sporting headset ‘wings’ to protect the user’s head (Grande Papilio Swivel Lounge Chair, £2,869, chaplins.co.uk).

Simple seating

Japanese designers have described the chair as the centre of design and an extension of the human form. It follows that these things should be easy on both the body and the eye.

Habitat’s Mori charcoal two-seater sofa (£716, habitat.co.uk) certainly fits the bill. It is compact, unfussy and elegant with its plush curved armrests and contrasting thin, wooden legs.

Simple unfinished woodwork is a key part of design in Japan, like the solid oak dining chairs from Oak Furnitureland (£140, oakfurnitureland.com) which would pair well with the Japanese oak Castor Table by Karimoku New Standard (£1,169, nest.co.uk).

Clutter free

Last year, decluttering guru Marie Kondo took the world by storm with her hit Netflix show. The programme has been talked of plenty, but we’re perhaps unaware of how key these principles are to Japanese design.

A large part of the focus on user-friendly products comes down to space. As ever, it’s important for Muji, with its storage bed (from £299) which has spacious drawers to banish clutter. Loaf has the Woody storage bed (from £995, loaf.com).

Simple boxy shelving units such as the Ikea Kallax range (from £15, ikea.com) are practical, but can also be used for displaying plants, books and records.

Or, for a modern twist, try the John Lewis Dice shelving unit bookcase (£450, johnlewis.com). The company also stocks Japanese brand Like-it’s clear storage products (from £8).

Crockery that rocks 

Japanese pottery has long been a feature of our homes, and a collection by John Lewis is a nod to this. Inspired by woodblock prints, the range includes glassware, plates, mugs and even Christmas decorations. 

It’s all delicate, bright patterns and the infuser mugs by Tokyo Design Studio (from £25) are a highlight.

But elegant motifs are only part of the story. The earthy charcoals, whites and beiges of Hasami Porcelain (hasami-porcelain.com) are a calming, elegant addition to any kitchen.

Hasami teapots start from £65 and mugs from £22 (la-gent.com) – also pick up a copy of Okakura Kakuzo’s The Book Of Tea, written in 1906, an insight into the Japanese ritual of tea-making. Elsewhere, an Oriental Hobnail tea set costs from £22.98 (wayfair.co.uk).

For eating, Denby Pottery has Japanese-inspired bowls from £58 for four in grey and white (denbypottery.com).

Finally, being able to serve Japan’s other favourite drink – the highball – is a must. Try LSA’s Mia Highball glasses (£27 for four, lsa-international.com) or, for something cheaper, a set of six Duralex Prisme highballs is £11.99 at rinkit.com.

Then grab a bottle of Akashi whisky (£28.50, waitrosecellar.com), add ice, stir clockwise 13 times, add soda water, stir again and appreciate another example of elegance and simplicity in Japanese design.

What your home really needs is… a Christmas throw

At this time of year, people fall into two groups: those who believe more is more, with bright lights and decorations aplenty; and others who keep things simple, with a few holly sprigs and a carefully adorned tree.

Yuletide luxury: You could use this Alpaca Fair Isle Throw, £99.50, all year round

Yuletide luxury: You could use this Alpaca Fair Isle Throw, £99.50, all year round

But whether you’re a maximalist or a minimalist, your home will need a Christmas throw because someone in your festive bubble is bound to complain about being cold.

If glitter is your thing, you’ll like the fleece star throw from Marks & Spencer (£25, marksand spencer.com). 

Or snuggle up under Dunelm’s red cable-knit design with a fleecey inside (£60, dunelm.com).

For something more fun, Redbubble has one that reads: ‘This is my Hallmark Christmas movie watching blanket’ (£34.73, redbubble.com).

Going low-key? How about a white and grey reindeer pattern with red pompoms (£40, barkerand stonehouse.com)? 

Or this Alpaca Fair Isle Throw , £99.50, notonthe highstreet.com), which you could use all year round.

Anne Ashworth 

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Extending grace period on checks in North would be ‘problematic’ – Taoiseach

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Taoiseach Micheál Martin has said it will be “very problematic” if the UK again extends unilaterally the grace period for Northern Ireland Protocol checks.

But speaking on the Trevor Phillips on Sunday programme on Sky News, Mr Martin also insisted a breakthrough between the EU and UK was still possible “if there’s a will there on both sides”.

His comments came after Boris Johnson escalated his dispute with the European Union by warning he will do whatever it takes to keep goods flowing from Great Britain to Northern Ireland.

Following talks with the EU’s key figures on Saturday, the British prime minister said he would not hesitate to take unilateral action to protect the position of Northern Ireland in the increasingly bitter row over post-Brexit trading arrangements.

The row – dubbed the “sausage war” – could mean chilled meats will not be shipped across the Irish Sea because of EU rules after the end of the month.

The UK is considering extending the current grace period without the consent of Brussels to ensure that sausages and mince can continue to reach Northern Ireland’s shops.

But Mr Martin told Sky News that the “channels do exist to get this resolved”.

He added: “In particular, the Sefcovic/Frost process should be fully explored and optimised to get an agreement and I think the prospects, in my view, if there’s a will there on both sides, and there is a will there from the European Union side I know that, I detect from the British prime minister Boris Johnson that the British government is anxious to get a resolution of this, so I think we should work at it.”

Mr Martin said he believed an SPS agreement (on plant and animal health measures) could remove 80 per cent of protocol checks.

When asked about the possibility of the UK unilaterally extending the grace period for checks, Mr Martin said: “I think it will be very problematic because it’s not about sausages per se, it really is about the fact that an agreement had been entered into, not too long ago, signed off by the British government with the European Union.

“If there’s consistent, unilateral deviation from that agreement, that clearly undermines the broader relationship between the European Union and the United Kingdom, which is in nobody’s interest and therefore that’s why the UK with the EU have to work very hard now in the coming weeks.

“I know the European Union are anxious to resolve this and want to resolve it but they need to see a similar reciprocity from the UK side.”

When asked if the protocol is undermining Northern Ireland’s place within the UK, Mr Martin said: “We’ve never seen the Protocol as a constitutional issue, it doesn’t in any way interfere with the constitutional status of Northern Ireland as defined and articulated in the Good Friday [Belfast] Agreement.

“We’re very clear from the Irish Government perspective on that, but we do believe in seamless trade on the island of Ireland, it makes sense. We believe in seamless trade insofar as we possibly can between the United Kingdom and Northern Ireland.”

‘A bit of respect’

British foreign secretary Dominic Raab accused EU leaders of trying to undermine the status of Northern Ireland as part of the United Kingdom.

After talks at the G7 summit in Cornwall between Boris Johnson and key EU figures failed to achieve a breakthrough in the dispute over the implementation of the Brexit Withdrawal Agreement in Northern Ireland, Mr Raab said the EU was showing a lack of respect.

“What we cannot have is the continuing disruption of trade and effectively try to change the status of Northern Ireland, contrary to the consent and wishes of the people, which is not just contrary to the Northern Ireland Protocol but also to the Belfast Agreement,” he told Mr Phillips on Sky News.

“We have serially seen senior EU figures talk about Northern Ireland as if it was some kind of different country to the UK. It is not only offensive, it has real-world effects on the communities in Northern Ireland, creates great concern, great consternation.

“Could you imagine if we talked about Catalonia, the Flemish part of Belgium, one of the lander in Germany, northern Italy, Corsica in France as different countries. We need a bit of respect here.– PA

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