Highlights
Learning outcomes
Scenario
You currently work for specialist planning and development consultancy. Your role has recently changed, and the scope of your regular workflow has been extended to include detailed site and financial appraisals for retained clients. One of the clients you have been assigned is Housman Holdings, a regionally-based, commercial-sector developer.
Housman’s Director of Development has instructed you to provide detailed advice on Beaufort’s Mount, Baidley, a site that Housman may consider purchasing for future development.
Beaufort’s Mount, Bailey
A plan showing the Beaufort’s Mount site is shown in the Appendix and is available as a separate downloadable drawing in the module.
Location and surrounding built area
The site, Beaufort’s Mount, is situated two miles to the west of Baidley town centre and on the urban fringe. It is within an area that was subject to the development of an out-of-town retail park, Dexter Park, in the late 1980s. The current occupiers in the retail park include national sofa and bed retailers, house and garden outlets and a franchised, casual dining ‘restaurant’.
To the south of Gresham Road is a local authority park and ride hub (capacity 300 cars) and smaller retail scheme comprising of units let to a car accessories and bicycle outlet, a discount home products retailer and sportswear outlet.
Task
You must refer to the details of the site plan provided in the Assignment.
Prepare a detailed Report for Housman Holdings’ Board of Directors that appraises the physical, legal, economic and planning issues that may influence Housman’s decision to consider commencing negotiations to purchase the site.
An important aspect of the Report is to identify the factors that you consider carry the greatest risk in the project and how these may be mitigated
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