Here at Land Market we deal with sites of all shapes and sizes and we pride ourselves in seeing the real potential in any plot of land. In this Land Market case study there are two examples of brownfield sites we acquired which were run-down but ripe for developing… Case Study: Charles Street, Bristol The Background The disused warehouse Land Market sourced at Charles Street, central Bristol, was a prime example of an inner-city commercial property with great potential for development. Being aware of its prospects we introduced the site to local developer Woodstock Homes. Our Actions Planning was sought and obtained by Woodstock Homes for a 24 unit scheme...
Land Market Case Study: Kelman Close & Coalville
Have you got land to sell but don’t know the best way to go about it? We can help! This Land Market case study shows just two of our success stories and how our company helped two struggling owners to sell their land for the best price…
Case Study: Kelman Close
The landowner of Kelman Close had been trying to sell this old garage and workshop complex for a number of years by partnering with local developers (who promised an enhanced sale price by undergoing planning permission). However, there was one major problem… the site was in a conservation area and was impacted by a very large and important tree. The owner approached Land Market for our expert guidance!
Our assessments showed that the current land parcel of 21 garages and one workshop were of immense value, in an area where parking was at a premium and our internal appraisal determined its value was not that different to a development site. The plot was put onto the market and very quickly achieved a sale in excess of the guide price (to a buyer who plans to retain the garages as they are). After waiting years for the plot to sell, the landowner was thrilled with our service and the sale was completed in a matter of weeks.
Case Study: Coalville, Leicestershire
In the case of Coalville, Leicestershire, a landowner possessed a 14-acre agricultural field near a very busy business park. The land was positioned on a strategic roundabout with two sides of the land fronting main carriageways. Land Market saw the site’s potential and took the appropriate action.
Our company partnered with a Midlands based company with experience of developing business units, who also spotted the same potential. However, this was during the aftermath of the financial crisis where business confidence was low. They applied for planning permission and the local planning authority granted consent for a large distribution facility. After several years of progress, the site was sold in February 2015 to DHL to build a new distribution hub.