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Client: Premier Inn - Coventry


This case study is another example of ways in which our corporate property management clients benefit from our day-to-day proactive involvement in their work.

In this instance, the owner of land adjacent to the client’s site was looking to submit a planning application for a mixed retail scheme. The planners wanted the developer to change a service access point to the scheme that required the access over a 10 metre strip of roadway owned by our client.

The solution
The developer made an original offer of £50,000 for future access over the 10 metres of land. Having negotiated several similar deals in recent years, we pushed the negotiations as far as possible without jeopardising the deal - nor the wider development - altogether.

Results
The developer agreed to pay £500,000, for rights of access over the short strip of roadway and the client was able to include various conditions over the development which would not otherwise have been possible.

Gerald Eve Contact
Brian Owen
Partner
Tel. 01908 685956