The Maltings, Penwortham
stalled site, rapid disposal
In late 2015, Stuart and Mark were made aware of a locally important but stalled development site in Penwortham, South Ribble. They approached the land owner and commenced negotiations to acquire. By March 2016 Stuart and Mark had acquired the land for the HCA and were already preparing for the planning and de-risking, developing a commercially realistic strategy to acquire the site and working closely with the local planning authority to secure in-principle support. Through the management of a hand-picked internal and external team, they managed to secure outline planning consent, market and dispose of the site to Galliford Try by March 2017.