SURPLUS PROPERTY FEASIBILITIES, LONDON BOROUGH OF BARNET The project
On behalf of RE and LBB, Rap- leys was instructed to undertake the initial development feasibil- ities of nine potential develop- ment sites. Rapleys appointed and coordi- nated a development team in- cluding Planning, Affordable Housing and Valuation teams as well as securing services from an architect and cost consultant as sub-consultants. Our solution The Rapleys team considered various development options for each site: • Undertook consultations with LBB planning officers • Devised and made recom- mendations for an optimum scheme • The schemes were appraised and costed, and recommen- dations were made in respect of potential returns and de- velopment strategies • In addition, undertook sen- sitivity analysis in relation to changing variables as well as devising initial programmes.
LAND OF KENNETT LANE, CHERTSEY The Project Rapleys acts for Network Rail on a number of their development and disposal. This scheme is a joint venture between PSH Holding and Network Rail. Rapleys were responsible for: • Identifying the opportunity in the Network Rail estate. • Undertaking initial feasibilities as to the site’s development potential. • Agreeing a collaboration agreement between PSH Holding and Net- work Rail. • Agreeing and negotiating land assembly aspects including access. • Assisting in obtaining planning consent RIBA 1 – 3. • We are launched the site for sale on behalf of both JV parties and the site was successfully sold to P A Housing to provide affordable hous- ing.
DEVELOPMENT SALE, SAWSTON, CAMBRIDGESHIRE The project
On behalf of Hutchings & Harding Ltd, we were instructed to market their existing site in Saw- ston, Cambridge, which had become surplus to operational requirements. We were instructed to seek unconditional offers on the historic 2.5 acre site. Our solution • Complex 2.5 acre site with 3 listed buildings • Ensured that measured surveys were undertaken for the listed buildings • Openly marketed the property and undertook in excess of 30 viewings • Successfully sold the site unconditionally in July 2022 to a local Cambridge property com - pany
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