Location
Birmingham
Sector
Industrial
Neither estate needed investigation before the transaction.
No pre-purchase SI
Further work is only needed if the estates are redeveloped.
Deferred to development
01
The uncertainty
The client was acquiring two multi-let industrial estates with a complex history, including former contaminative uses, fuel storage tanks and proximity to rivers and aquifers. Flood risk was also a factor, and both continued use and future redevelopment were on the table.
02
What we established
For continued use, the risks on both estates could be understood on the existing evidence. Investigation would only be triggered by future redevelopment.
03
What changed
The buyer could proceed without commissioning investigation, and knew exactly when further work would be needed.
04
What was avoided
Intrusive investigation, and the cost and delay that come with it, ahead of the purchase.
05
How we got there
- Reviewed existing data and previous reports
- Reviewed regulatory records and planning history
- Assessed contamination and flood risk for continued use
- Identified what investigation future redevelopment would trigger
About the author
Director
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Services on this project
Environmental Due Diligence
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