Dobson-Grey were retained by a national care provider for a number of their assets on a national basis. In 2020, Dobson-Grey obtained a lawful development certificate enabling the property to operate as a day centre for adults with learning difficulties. In 2023, Dobson-Grey were instructed to dispose of the property which presented a unique set of circumstances that required careful consideration during this process.
Dobson-Grey provided a comprehensive suite of services tailored to the client’s needs, including:
Valuation: Dobson-Grey conducted a Red Book valuation, including a detailed inspection and measurement of the property concluding with a comprehensive report. This ensured an accurate and reliable assessment of the property’s market value was obtained taking into consideration its unique planning classification.
Marketing: The property was strategically marketed to a wide range of potential buyers, highlighting its development potential and attractive features.
Viewings: Multiple viewing days were facilitated by Dobson-Grey proving access for interested parties, generating strong interest from diverse range of buyers.
Negotiation: A best and final offer deadline was set resulting in multiple competitive bids submitted in line with the initial valuation.
Client Reporting: Dobson-Grey maintained consistent communication with the client providing regular updates and meetings throughout the process.
Boundary Matters: Dobson-Grey assisted in resolving any boundary issues, ensuring a smooth transaction during the sale process.
Overage Agreement: Expertise was provided in negotiating an overage agreement, potentially securing future revenue for the client based on any future development within a set parameter.
Restriction on Use: Dobson-Grey advised and assisted in implementing any necessary restrictions on the future use of the property, protecting the client’s interests and complying with relevant regulations.
Dobson-Grey successfully facilitated the disposal of Tandridge Hill Farm, achieving a sale price that reflected the property’s market value and met the client’s aspirations. The comprehensive approach, encompassing valuation, marketing, negotiation, and legal considerations ensured a smooth and efficient transaction.