Ware Estate

for GOWLING WLG TRUST CORPORATION LTD

 

The Gowling WLG Trust Corporation Ltd (Trustee for the WF Parker 1924 Settlement and the DW Parker 1987 Settlement) is the freeholder of 140 acres of land to the north of Hertford.

11 acres of land benefits from a draft allocation for residential development to be phased between 2021 and 2022 after the prior removal of underlying mineral deposits.

 

What we did

  • Responded to an open market tender to act on behalf of the trustees to advise on the disposal options

     

  • Worked closely with the trustees to understand their objectives and advise on the disposal strategy for the land with the draft allocation

  • Monitored to ensure the disposal strategy was aligned with the draft allocation timeframe

  • Recommended an option of self promotion to obtain an allocated residential development opportunity before onward sale

Result

 

 

 

 

 

  • Confirmation of optimum promotion and disposal strategy

  • Allocation of the site anticipated once the Local Plan is adopted

     

  • Bidwells will undertake the disposal strategy on adoption and resolution of the mineral extraction

 

140 acres

of land to the north of Hertford

 

Ware Estate

 

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