A mini tornado can sometimes be an opportunity - not always a disaster
Between Ely and Cambridge
Wishing to diversify and expand its rural portfolio into economic growth areas, Queen’s College made a long-term strategic land purchase in acquiring The Chittering Estate, which included a business park, residential properties and agricultural land.
Our team of rural surveyors worked to acquire the estate for the College, which sits in a strategic position between Ely and Cambridge, and in a growth corridor that has proposed roadway improvements on land allocated for development.
From the outset, we worked to realise the capital uplift from the development and enhanced income return from the commercial properties. We re-geared business leases, re-let farmland and ensured that compliance was at the forefront of our minds, which translated into happier tenants, a vastly improved rental scheme and the introduction of service charges and maintenance contracts, to name but a few.
When a mini tornado swept through the farm and badly damaged an office building, planning permission for an enhanced and larger building than the original was applied for and granted. Had Mother Nature not intervened, a conversion of the existing building was all the client could have realised.