We love a consented development site! The strength and reach of our New Homes team enables us to provide prospective buyers with up-to-the-minute sales evidence, which in turn helps us drive land values for our clients.
We sold this warehouse site on an unconditional basis back in Spring 2019, but stayed in touch with the buyers. Having offered regular advice throughout the duration of their planning applications, we were happy to complete the circle by selling the site once planning permission had been secured for a smart 9 unit scheme.
In order to maximise value our clients sought a sale of their company, not just the asset. We've managed the sale of countless SPV's over the years, and whilst they become a little more involved, we're well-versed in the process.
A deal for the share purchase was reached with a developer who'd bought several other sites from us recently, and the matter concluded at a smidge over £142,500 per plot.
PROJECT ADDRESS: 27 Tamworth Place, Croydon, London CR0 1XT