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Kingsmead LeisureJames Street West, Bath, UK Called in to advise on a City centre site used as a motor vehicle franchise and used car sales operation. The need was to optimise site value to fund relocation of business operations to a more suitable site, whilst remaining mindful of need to regenerate this area of the City. After analysing local real estate needs and liaising with planning authority, determined that the best option was for a cinema and healthcare based leisure scheme. Architect appointed to produce initial plans prior to seeking expressions of interest from developers, followed by firm bids from which single developer chosen. Negotiations with chosen party involved a joint venture approach and included the developer funding the relocation of the motor business. Planning applied for and secured in record time for the City of Bath. The delivery strategy involved co-ordination of pre-lets and marketing campaign, liaison with tenants, development management and negotiations with the City Council as owner of the site freehold. Culminated in a successful sale of the completed investment. Sectors City and Town Centres Motor Trade Leisure Hospitality Sport & Event venues Services Opportunity identification Conceptual vision Strategic positioning Real estate market analysis Risk analysis Development management Letting strategy & execution Investment advice and disposal [Return] |