East Grinstead, West Sussex
Case Study
Henry Adams advised a family-owned landholding on the promotion, planning and disposal of circa 30 acres. The objective was to secure planning permission and establish a valuation for the land under an Option Agreement, ensuring compliance with legal and commercial obligations.
Key facts
Project: Hill Place Farm
Client: Private Landowner
Site Size: 30 acres
Planning: 200 units
The challenges
Challenges included:
- Complex Option Agreement requirements and definition of Market Value
- Abnormal costs and technical considerations, assessed with Quantity Surveyors
- Coordination with developers, to secure planning consent while protecting the family’s commercial interests
- Valuation uncertainty, exacerbated by market volatility
A clear, structured approach was required to deliver planning and a commercially robust disposal.
Our advice
Henry Adams provided:
- Oversight of the planning and Option Agreement process
- Coordination with technical advisors to assess abnormal costs and viability
- Strategic guidance on valuation methodology, including comparable and residual approaches
- Liaison with the developer to ensure compliance with Option Agreement terms
Outcome
- Secured planning consent for 200 units
- Provided a Red Book valuation in accordance with the Option Agreement
- Ensured the family achieved a robust disposal price, unlocking the site’s development value
