“I was very satisfied with how the process was dealt with from start to finish and the professionalism of Concertus. The Council in this case being more than pleased with the capital receipt which exceeded our expectations.” - David Gallagher, Head of Commercial & Leisure Partnerships, Suffolk Coastal and Waveney District Councils
The Brief: We were asked to advise on, and manage the sale of, Cedar House in Melton. The site comprised a large office and former dwelling which was in institutional/office use, plus wooded grounds to the rear of the property which overall formed a development site totalling 1.3 hectares (3.23 acres). The aim was to effect a disposal of the property as surplus to operational requirements and to maximise capital receipt to Suffolk Coastal District Council.
The Scope: The process included -
- Arranging surveys i.e. topographical, arboriculture and ecology
- Briefing architect and production of residential layout plan, consulting with planning arboriculture officers and ecology consultants
- Submission of outline planning application (with indicative but detailed residential layout) on development site and change of use planning application on Cedar House building to residential. Presentation to the planning committee
- Review of title, working with client solicitors and resolution of boundary dispute
- Appointing and managing agent (Savills) to market the property, selecting a purchaser and managing sale to completion
The Result: Outline planning permission was granted for seven detached private residential units and three affordable dwellings, maximising both the development potential and sale price of this prime site constrained by its ecology. Cedar House was sold to Manchester-based national developer, PJ Livesey. The new owner is pursuing a change of the Cedar House building and detailed design of the dwellings.
“Concertus has been commissioned to undertake various asset management related projects and transactions of behalf of Suffolk Coastal District Council. The management of the disposal of Cedar House was one of the projects undertaken.” - David Gallagher, Head of Commercial & Leisure Partnerships, Suffolk Coastal and Waveney District Councils