The Cannock Group specialises in the financial enhancement of property development transactions through the utilisation of enhanced capital allowances. One of the leading developers in the UK’s Enterprise Zones, Cannock has pioneered the use of the Business Premises Renovation Allowance that was first introduced as a regeneration measure in the 2005 Finance Act.
Cannock structured the first BPRA investment syndicate in March 2008 and has subsequently closed eight further investment opportunities with a total capital value in excess of £160 million. Schemes have included office refurbishments, training facilities and office to hotel conversions.
Working closely with Cannock Group to understand their requirements, Lovell Johns in-house software development team developed a subscription based website mapping tool using Ordnance Survey Open Data base mapping. The mapping tool allows registered users to easily visualise which Local Authority boundary their particular development site postcode falls within and crucially provides Cannock Group with a huge time – saving and definitive answer to the questions surrounding the locations of prospect data.