PROMOTION OF LAND

FOR RESIDENTIAL DEVELOPMENT 

PROMOTION OF LAND FOR RESIDENTIAL DEVELOPMENT 

Bidwells was instructed to determine a promotion and disposal strategy for land with residential development potential for a consortium of landowners.

What we did

  • Determined the objectives of the landowners

  • Made recommendations on the optimum strategy for the promotion of their land

  • Advised on the principles of the collaboration agreement to be agreed between the landowners 

  • Sought the best terms for the promotion of the property

  • Negotiated the heads of terms and promotion agreement with a selected promoter

  • Monitored the obligations placed on the promoter, to include approving the planning application and associated agreements to obtain planning permission

Result 

  • Determined the optimum promotion and disposal strategy based on the landowners’ objectives

  • Negotiated the best commercial terms and appointment of a promoter

  • Approved the planning strategy and planning application in accordance with the objectives of the promotion agreement

  • Instructed to devise and implement a sales and marketing strategy for the property once it benefits from a planning permission

10

acres of land with potential to provide up to 90 new homes

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