Continued Demand for Strategic Land
Developers and house builders are extending their searches for strategic development land. Although most demand is still around Edinburgh and Glasgow the areas covered by SESPlan, TAYplan and Clydeplan land with potential elsewhere is of interest.
Many short & medium term are sites are now consented & in development pipelines and house builders are seeking to top up their portfolios. There are various ways to promote land including self-promotion through a team comprising a planning consultant and master planner, Option Agreements and Promotion Agreements. All options and pros and cons and CKD Galbraith are happy to advice on which might suit best.
Option payments are now being made once again and all professional fees are paid by the promoter/house builder. With gross land values now well in excess of £1m per developable acre it is well worth taking professional advice on whether your land has potential for development.
Contact Chris Addison-Scott at our Stirling Office on 07774 788854 for a free initial consultation on land opportunities.