Project summary
- Initial consultancy services advising on development potential in conjunction with planning consultants
- Advice given in respect of phasing and infrastructure
- Disposal of phase one of three parcels of residential development land for 135 units. Ongoing instructions to dispose of two further parcels of 400 and 65 units respectively
Solution
- Marketed the relevant phase to housebuilders
- Held technical meetings to allow interested parties to further understand the site-specific constraints
- Provided summary and analysis of offers received
- Interviewed a shortlist to scrutinise offers
- Selected Taylor Wimpey as the preferred purchaser and progressed the deal through to legal completion
Benefits
- Provision of agency advice in respect of a brownfield site which poses a number of technical risks and constraints, resulting in a positive financial result for the client
