Out-Law News | 14 Aug 2014 | 2:59 pm | 1 min. read
Under the adopted charging schedule (7-page / 1.7 MB PDF) the borough will be divided into two separate charging zones for residential developments. A rate of £190 per square metre will apply to residential developments in the south and west of the borough, including Teddington and western Twickenham. Residential developments in the north and east of the borough, including Barnes, eastern Twickenham and most of Richmond, will attract a rate of £250 per sq m.
Convenience retail developments, which are defined as shops or stores with permission to sell everyday essentials such as food, drinks, newspapers and magazines, will be charged a borough-wide rate of £150 per sq m. Comparison retail developments, selling items such as clothing, footwear, household and recreational goods, will be charged a rate of £150 per sq within Richmond town centre, but will attract a nil rate in the rest of the borough.
Hotel and care home developments in the south and west of the borough will be subject to a rate of £25 per sq m, with a nil rate across the rest of the borough. A nil rate will apply to office developments, except within Richmond town centre, where a rate of £30 per sq m will be charged.
All other uses will attract a nil rate levy.
The draft charging schedule was recommended for adoption by an examiner in March following consultation in July and August 2013.
In addition to CIL charged by the Council, any developments in the borough will also be subject to mayoral CIL. The mayoral CIL charge in Richmond-upon-Thames is £50 per sq m on all uses except for health and education purposes, which are exempt from mayoral CIL.