Former Electrolux Site Merrington Lane - Aspinall Verdi
1
1811 Former Electrolux Site Merrington Lane_v1 Project Experience Former Electrolux Site, Spennymoor – Homes England Background AspinallVerdi have been instructed as part of a multi- disciplinary team submitting a reserved matters planning application for a residential development on behalf of Homes England. AspinallVerdi’s role is to provide property advice in terms of viability, deal with acquisition of ancillary land and handle the disposal. Services AspinallVerdi have provided the following services: Soft market testing phase one residential land with developers to inform design development and method of disposal. Soft market testing phase three commercial land with potential end users. Red Book Valuation report to support the purchase price of the office and industrial premises. Negotiated the acquisition of office and industrial building which would extend the red line of the site. Outputs A planning application has been submitted for the phase one residential land which AspinallVerdi will be bringing to the market in due course. Homes England have proceeded with the acquisition.
Transcript of Former Electrolux Site Merrington Lane - Aspinall Verdi
1811 Former Electrolux Site Merrington Lane_v1
Project ExperienceFormer Electrolux Site, Spennymoor – Homes England
BackgroundAspinallVerdi have been instructed as part of a multi-disciplinary team submitting a reserved matters planning application for a residential development on behalf of Homes England. AspinallVerdi’s role is to provide property advice in terms of viability, deal with acquisition of ancillary land and handle the disposal.
ServicesAspinallVerdi have provided the following services: Soft market testing phase one residential land
with developers to inform design development and method of disposal.
Soft market testing phase three commercial land with potential end users.
Red Book Valuation report to support the purchase price of the office and industrial premises.
Negotiated the acquisition of office and industrial building which would extend the red line of the site.
OutputsA planning application has been submitted for the phase one residential land which AspinallVerdi will be bringing to the market in due course.
Homes England have proceeded with the acquisition.
