Land and property developments
Whether you are a landowner looking to maximise the potential of your existing site or a developer seeking to acquire a site, we can advise you in connection with:-
- Rights of pre-emption (the right of first refusal in the event of the landowner opting to sell)
- Options (the right to acquire the land when you opt to do so)
- Overage (also referred to claw back, this allows the landowner to share in the enhanced value of the property as a result of development)
- Conditional contracts (conditional for example upon obtaining the grant of planning permissions).
- Agreements regulating the relationship between landowner and developer. The precise terms of any development agreement will vary depending on circumstances but typically they are structured so that the developer receives an initial fixed fee payable by instalments as the development progresses. The developer then receives a further payment based upon a minor share of any development profit.
Following the acquisition of the site we can also assist you in the creation of an appropriate freehold or leasehold scheme and plot sales.
Whatever the size of the site, consideration will need to be given as to whether the planning consent is appropriate for the proposed use, environmental issues as to the use and condition of the site and the need to examine carefully any restrictions contained in the title deeds.
PRACTICE AREAS
What our Clients say
“Grant and Jack have worked extremely hard with our very tricky business sale, they have been polite and patient with us throughout the whole experience and successfully got us over the line, I would highly recommend these guys to anyone.
Thanks terry”
06/11/2023
“I recently let a new commercial premises by way of lease reassignment. The transaction turned out to be more complicated than I would have hoped. Nick Middleton was diligent throughout, the team kept me updated and any queries were quickly answered.
My final bill was less than I expected, I cannot fault the service received. Well done all at AMD, I’m very happy to recommend”.
28/12/2023
“Nick/Grant and team take care of a wide range of personal and corporate requirements and everytime we’ve worked with AMD they’ve been nothing short of fantastic.
Our most recent requirement was for our office premise leases to be renewed/amended whilst taking a new lease all at the same time all with very tight deadlines. This simply wasn’t a problem for Nick and he made sure everything was prepared in good time and ensured we were able to expand into our new premises without delay.
Would highly recommend the AMD team!”
August 2023
10/08/2023TALK TO OUR SOLICITORS
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