Site Profile
Siteowners will have the raw materials – land – but not access to financial resources, professional teams or the experience to bring redundant sites successfully forward for comprehensive development.
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Landowners
Bridge the Gap
Contamination
Many brownfield sites are contaminated giving rise to ongoing liabilities and risk. The levels of which are generally unknown or existing surveys are out of date and superseded by current legislation. Alternatively the existing solution may be prohibitively expensive.
Unlock the potential
Environmental Assessments
Planning
Demolition
Remediation
Marketing
Share the profit
Pre Lets / Pre Sales
Development plots will be drawn down as pre-let/pre-sale Design & Build opportunities are secured.
Fixed Land Price
The Landowner will benefit from the land drawdown payment. A gross land value will be agreed reflecting current open market value. Deductions will be made for remediation, infrastructure and abnormal costs to provide a guaranteed net purchase price.
50:50 Profit
Firstly, the landowner would receive proceeds from the draw down land payment. Then, Bericote would take a 5% priority return on total costs. All additional profit would be split 50:50 between the Landowner and Bericote/occupier. This would generate significant enhanced returns to the Landowner and would ensure exposure to an improved upside as a result of improving yields or land values.
Sample Appraisal
An appraisal reflecting a specific plot drawdown will be agreed with the landowner fixing the drawdown price to be paid up front and the profit share to be paid upon practical completion. Bericote will work on an open book basis, offering complete transparency.
