Project Appraisals
Montague Fox will carry out complete project appraisals considering the following aspects:
- A thorough and complete investigation into the existing land title and history of the project.
- Checking existing leases in terms of key dates, rent reviews, covenants, licenses, associated costs and values and termination conditions.
- Advice and arrangement of surveys including measured, environmental, contamination, acoustic, rights of light, daylight/sunlight, party wall and heritage.
- Potential planning gains – increase built space, change of use, transport links etc.
- Section 106 and 278 advice and negotiation.
- A survey of current market conditions relating to target customers / buyers / tenants of the completed project.
- Formation of a Risk Assessment document including Social, Technological, Economic, and Political (STEEP) considerations.
- Community and Local Authority liaison.
- Development cost / value analysis of the entire development and the build up of an initial project budget.
- Yield and value calculations.
- Pre - Project planning and setting of key milestones.
Acquisition
- Traditional purchase, conditional contract or purchase option.
- Introduction of suitable funding or development partners.
- Montague Fox can project manage the entire acquisition process.
- Negotiation of purchase between you and current
owners.
- Coordination of all relevant documentation working closely with your legal team.
We have developed an extensive business network of funders, property agents, land agents, developers and social housing providers, all of whom provide added value to the Montague Fox process of
delivering sound and efficient advice and project management services.
In addition, we have a thorough knowledge and experience of environmentally sustainable and efficient construction techniques and materials, to give the highest rating for LEED and BREAM
certification. Such specifications often save time and money during and after the construction process.