Capital allowances advisors

Construction claim assessment

Capital Allowances is a technical and specialist activity that requires an optimal blend of knowledge, experience, and attitude.

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Our services are provided by senior advisers that have performed at the highest level across a variety of service platforms. Accounting, surveying and property consultancy experience blends together a considered and mature approach to claim solutions. We assume a thorough approach is required in all client requests but wherever possible we adopt simple, clear and disclosed services.

We believe capital allowances are an essential aspect in any project armoury and an invaluable value engineering tool. The inclusion of capital allowances estimates to project viability, feasibility, and financial modelling studies is paramount to enable our clients to fully consider project scope and returns. Maximising capital allowances then becomes an intrinsic project element, providing confidence to clients, and all stakeholders and interested parties.

Having a range of understanding through plant and machinery allowances, general plant, integral features, super deductions and first year allowances, structure and buildings allowances, contributions, grants, repairs, etc requires a holistic experienced approach to evaluate the best approach required.

Strategic acquisition advice

Our consultants have 20 plus years of advising on large and complex transactions through proactive planning and negotiation.

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Best practice and a high level of understanding underpin capital allowances transaction strategies, whether in selling or buying scenarios. Adopting a bespoke forward-thinking strategy establishes a competitive advantage over the opposing transacting parties, and in this respect capital allowances is no different to client investment and negotiation advice. A little proactive planning using foresight and judgement goes a long way to providing knowledgeable and maximised tax outcomes.

The building fixtures environment has evolved many times over the last 20-30 years, with finally, in the last 5 years at least, HMRC achieving a greater level of control and transparency. Significant opportunities remain however, for both sellers and buyers through an understanding of seller structure and positioning, protection and creative use of allowances both unidentified or identified, or knowing the right information required at the right time out with the standard CPSE enquiries. The key to success is in engaging the right expert early.

Sectorising allowances

All industry sectors are unique but require a tailored and transferable approach of core disciplines.

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Our cross trained senior surveying and tax experts have a unique set of skills which are required to assess, evaluate, review and document optimised capital allowances claims for our clients. We believe that core capabilities are essential to maximise savings in all industry sectors including offices, hotels and leisure, healthcare, manufacturing and so on. Whilst some industries require a more truly specialised approach such as the water industry or previously sports stadia and grounds (safety at work), we are also firm advocates of establishing expert knowledge in our client sectors.

Years of experience in listening to our clients business ideas and aspirations has taught us where best to place our focus in building strategies to increase allowances and savings. Existing building alterations may throw up a high degree of incidental assets, hotel projects will include a significant amount of embellishments and finishes, and healthcare builds will contain a high incidence of protective and clean assets. We listen, we learn, and we understand to how best develop our services to serve our individual clients.

Land remediation relief

An extremely rewarding tax relief that necessitates a highly specialised level of qualitative due diligence.

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Capital allowances advice requires a good degree of technical due diligence and entitlement considerations, and a high focus on analytical cost skills. However, the extremely valuable land remediation relief requires an opposing approach. To secure this relief It is fundamentally important to carry out a thorough understanding and review of all relevant client, transaction, property, environmental considerations, remediation strategy, and relevant costs to advise clients property. Failure to do so could be very costly.

A full review of this tax relief by HMRC several years back resulted in higher levels of legislative entitlement to focus the financial benefit where previously intended. Robust due diligence is key and must be enacted with the both the client’s and project consultant’s assistance to enable full disclosure of all relevant case facts. Our consultants are highly motivated to ensuring all client’s take advantage of this valuable project saving but with the correct, detailed approach.

News and updates

Avison Young appointed as agent for historic Llancaiach Fawr Manor

Llancaiach Fawr Manor 31 January 2025

Commercial real estate firm Avison Young has been appointed to bring Llancaiach Fawr Manor, a unique leisure asset in South Wales, to market on behalf of Caerphilly County Borough Council.

Avison Young is marketing the leasehold interest in the Grade I listed manor house and accompany buildings, which includes a visitor centre, reception area, gift shop, exhibition space, café with external seating, and a ground-floor, purpose-built function suite, Mansel Hall.

Set across 12 acres in the heart of the Rhymney Valley in South Wales, Llancaiach Fawr Manor was built in the 16th century and has since been restored to its former glory, with interiors furnished and recreated as the 17th century home of Edward Prichard.

The property is set within secluded and peaceful surroundings, while being in close proximity of local road networks, and is well-equipped to cater for a range of events, including conferences, meetings, weddings, banquets and business exhibitions.

Prior to 2020, several large-scale events would run annually at Llancaiach Fawr Manor, including the Caerphilly Motoring Festival, the Bedwellty Agricultural Show, Hope Rescue Dog Day, antiques fairs and WWII events. In 2023/24, visitor numbers exceeded 61,000 and the site’s current license allows for up to 5,000 visitors at any one time.

The Mansell Hall conference room provides a unique setting for meetings and functions and can accommodate up to 200 delegates, while the conservatory, which benefits from panoramic views of the surrounding countryside, is equipped to host up to 70 delegates. Both spaces can be combined, along with classroom spaces, to accommodate larger events.

In 2013, Caerphilly County Borough Council secured funding from the Heritage Lottery Fund to undertake renovations to Llancaiach Fawr Manor, including replacing the roof, installing a platform lift to improve accessibility, and restoring the attic to its 17th century condition.

Llancaiach Fawr Manor closed to the public in December 2024 to enable Caerphilly County Borough Council to explore new options for how the venue operates in the future. The site now presents a rare opportunity to lease a historic leisure asset, with multiple potential income streams and significant scope for further expansion.

Prior to initiating a formal market exercise, the historic attraction has already received high levels of interest from potential third-party operators looking to run the site in a commercial capacity.

Leo Llewellyn, Associate, Leisure at Avison Young UK, said:
“We are very pleased to be supporting Caerphilly County Borough Council to bring this one-of-a-kind property to market. Steeped in history and carefully restored, Llancaiach Fawr Manor is a venue suitable for a range of uses, and we’re certain it will prove popular.

“Avison Young has already received interest from prospective operators and we’re looking forward to bringing forward these discussions, while engaging with other interested parties.

“We have a strong track record within the leisure sector, particularly in South Wales, and we’re delighted to be supporting Caerphilly County Borough Council to find the perfect operator to secure Llancaiach Fawr Manor’s long-term future.”

Councillor Jamie Pritchard, Deputy Leader of Caerphilly County Borough Council, added:
“We are committed to exploring options for the future of Llancaiach Fawr Manor. Avison Young has extensive experience in marketing leisure and hospitality venues, and I have no doubt that we will have a lot of interest.

“The venue offers so much potential for new operators. What is certain is that the council will be looking for an operation that becomes a strong local economic driver and complements the existing leisure and hospitality offers in the county borough.

“It is exciting to see what the future holds for the venue as we venture out to the open market. We hope to see a similar success story as we did with Coffi Vista in Caerphilly, where a local business took on the venue for a commercial operation supporting local economic growth.”

Interested parties are advised to contact the agents, Avison Young UK:

Leo Llewellyn
Avison Young UK
[email protected]

For more information, please contact:

Elliot Ramsey
Active Profile
E: [email protected]
T: 0151 556 7050

About Avison Young

Avison Young creates real economic, social, and environmental value as a global real estate advisor, powered by people. As a private company, our clients collaborate with an empowered partner who is invested in their success.

Our integrated talent realizes the full potential of real estate by using global intelligence platforms that provide clients with insights and advantage. Together, we can create healthy, productive workplaces for employees, cities that are centers for prosperity for their citizens, and built spaces and places that create a net benefit to the economy, the environment, and the community.

Avison Young is a 2022 winner of Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for eleven consecutive years.