Major redevelopment
Description
Not all developments are large, redeployments of existing sites. But when they are, you need to speak to someone who has the experience that counts. Large housebuilders and commercial agents are a force to reckon with and private landowners can be easily put off or risk being badly advised and miss out on significant uplifts in value.
Did you know, for example, that agents selling land on your behalf will almost always receive a payment from the buyer also? Has your buyer disclosed their intentions for the site? Many will simply look for quick planning gain and resell for significant profit that should be yours.
Weycorner in Guildford was a freehold industrial site let and managed by us for several years. Several years' work with the local authority and partner experts gradually saw a change in designation of this area change from industrial to residential. After a long bidding process and subsequent planning consent approval, our client achieved a sale price in excess of double that which was originally offered.
The site was subsequently cleared and built out as full residential scheme.
