Residential development in a well established west country town (1317)

Planning for 22 apartments (8 affordable units). Very strong potential for an enhanced scheme to 25 Units (9 affordable units).

Key Points

  • GDV 22 units: £8.5m (£1.4m for affordable units)
  • Total Costs £6.5m
  • GDV 25 units: £10m (£1.4m for affordable units)
  • Total Costs: £7m

Requirement

Equity/JV Partner: £300K for planning fees and to start the ground works and an additional £300K when enhanced planning is granted

Contact Details

Please contact Dorotheé Queyroux or Bernard Frazer on 0845 210 5000 to discuss further or by email at dorothee@redchilli.com or bernard@redchilli.com

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Published:
Monday, November 24th, 2008 at 6:39 pm
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Category:
Equity Requirements, Mezzanine Requirements
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