The Papworth Trust
& The Varrier-Jones Foundation
Bidwells acted on behalf of the client to negotiate a promotion agreement. The promoter achieved planning permission on the client’s land. The land was then sold and sale proceeds realised.
What we did
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Bidwells advised the client on entering into a promotion agreement with the promoter
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We approved the planning application to ensure the site’s value was being maximised
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We acted as marketing agent to advise on the marketing and disposal strategy and sale of the site
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Completed the sale of the site to Flagship Housing Group
Result
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Negotiated a promotion agreement with the promoter
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Promoted the site through the planning process
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Achieved planning permission for 66 dwellings and a community building to provide a brewhouse, bakery, floor area for the consumption of food and drink and community rooms
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Sold the site with the benefit of planning permission achieving a price in excess of £3m for the client
+£3m
land sale