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London Borough of Barnet, Related Argent Property Limited Partnership

  • The value of the subsidy is £17.46 million. The purpose of the subsidy is to facilitate the construction of a new office/flexible workspace building in Plot 1 of the of the new Station Quarter business district at Brent Cross Town.
  • Our key takeaways from the Subsidy Advice Unit (SAU) report are:
    • Always ensure a counterfactual is expressed in clear detail and all alternatives are considered.
    • If reducing your required rate, provide evidence to support this choice.
    • Consistently follow statutory guidance to ensure proportionality.

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