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Land at Chestnut Drive/ Tennyson Fields, Louth

Following the granting of Reserved Matters planning consent for 141 units, Lovell have completed the acquisition of this final phase of land at Tennyson Fields, Louth.  The final phase, extending to 16 acres, represents the final phase of the wider development site.  Having acted on behalf of the landowners, T&B negotiated a Planning Promotion agreement with KCS Developments which subsequently secured Outline planning consent for a total of 300 dwellings (the site totalled 29 acres) in 2017.  The land has subsequently been sold in phases, with this final parcel ultimately seeing the conclusion of this development. 
Their knowledge of the property market, the planning environment, the financing options and their contacts within the residential developer community have proven very useful to us. Some of the transactions have been complex and involved detailed cooperation on planning and site preparation, which required great tenacity to see through to the end. They have been able to keep on top of the detail and see matters through to completion.
Their knowledge of the property market, the planning environment, the financing options and their contacts within the residential developer community have proven very useful to…
Premier Foods (Rank Hovis)  

Strategic Land is essentially land that offers development potential and value enhancement opportunities in the mid/long term. We specialise in the identification of such opportunities and providing advice on the optimum strategy to release the latent value from these land assets in the shortest possible timescales. Our tailored approach to each and every opportunity, is designed to make what can be a complex and confusing process as seamless and stress free as possible for our clients.

Whether it involves entering into a Planning Promotion Agreement with a strategic land promoter, an Option Agreement with a developer or house builder or over seeing self-promotion of the land, our experience ensures the recommended strategy delivers the maximum value as efficiently as possible, over what can be a considerable period of time.

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