Instruction were received from a European Property Fund to secure optimal pricing for this site in Molulton, 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 form parties and carefully considered what 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 Promotor
Planning Status: Residential Development site for 85 units
Plot: 10.5 acres
Instruction: Development Disposal