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
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Determined the objectives of the landowners
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Made recommendations on the optimum strategy for the promotion of their land
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Advised on the principles of the collaboration agreement to be agreed between the landowners
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Sought the best terms for the promotion of the property
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Negotiated the heads of terms and promotion agreement with a selected promoter
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Monitored the obligations placed on the promoter, to include approving the planning application and associated agreements to obtain planning permission
Result
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Determined the optimum promotion and disposal strategy based on the landowners’ objectives
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Negotiated the best commercial terms and appointment of a promoter
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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