Lancashire 118 acres

Retail, Residential, Commercial and Leisure Sector – Strategic Land Acquisition and Planning Application.

The 118 acre land parcel is 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 feasibility, development and Investment appraisals along with preparing a comprehensive master plan preparing a detailed planning application for 500 homes and commercial development. The planning application was approved by the local planning authority. The development has an estimated GDV of £125M.

The site was acquired unconditionally, with planning approval for 500 homes, increased the Residual Land Value.