Agency
For most Landowners development sales are ‘one in a generation’. It is therefore really important to get the right price, the right sale structure and to ensure the sale is as tax resilient as possible.
Melton Park
Woodbridge, Suffolk
Beckland undertook the successful unconditional sale of the former East Suffolk Council offices on Melton Hill, Woodbridge. The offices had been vacant since 2016 following a previous failed promotion by a developer.
The 3.3 acre site is in a prominent location close to Woodbridge town centre, overlooking the River Deben and with views across to Sutton Hoo. The site contained a mix of Edwardian and Victorian buildings through to more modern two storey office accommodation.
The site was fully marketed with a sale completed to Rose Builders who are not progressing their development plans for the site.
Great Wilsey Park
Haverhill
Great Wilsey Park received a planning permission for 2,500 houses, a country park and community buildings in 2018. It will be an exciting extension to Haverhill drawing on the parkland nature of the land.
In 2018 Redrow bought the first phase for nearly 900 houses.
When the entrance has been set and there is a real sense of ‘place’, further land will be released on a phased basis.
Key skills that are employed include:
Understanding what maximises value in a settlement with unique characteristics;
Understanding how the market reacts to large strategic sites;
Aligning the quality and value agendas;
Appreciating an inter-generational approach to value.
