Lancashire 110,000 sq ft

Private Residential Sector – Strategic Land Acquisition and Planning Application

The 3 acre land parcel situated in Lancashire. The site was allocated as an industrial manufacturing facility. The advisor identified a strategic land holding for re positioning. The advisor completed a range of Investment appraisals along with preparing a comprehensive master plan and detailed planning application which was approved for 107 homes by the local planning authority. The planning application consisted of 77 apartments and 30 houses over 110,000 Sq ft, the development had an estimated GDV of £20M.

The site achieved a planning approval for 110,000 Sq ft of residential homes increasing the Residual Land Value