Instructions were received from an European Property Fund to secure optimal pricing for this site in Moulton, Northamptonshire. Pendimo advised the client on all matters relating to development costs, abnormal costs and market conditions. We created strong competitive tension between bidders to ensure optimal pricing was achieved. We then received offers from parties and carefully considered which parties would be invited to attend interview and submit a best and final offer. In conclusion, we negotiated a 36% increase from initial offer price, before we were instructed, to eventual contract price.
Location: Marsh Spinney, Moulton, Northants
Client: Land promoter
Planning Status: Residential development site for 85 units
Plot: 10.5 acres
Instruction: Development disposal