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Industrial warehouse with palletised containers and storage bins in Staffordshire
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Staffordshire
Industrial property acquisition

Showing the risk was manageable, so the deal could proceed

Staffordshire
Environmental Due Diligence

Location
Staffordshire
Sector
Industrial
Site visit within 24 hours of instruction, report within 48.
Report in 48 hours
Insurance was secured and the purchase went ahead.
Deal completed
01

The uncertainty

The buyer needed to know whether historic land uses, the site's environmental permit and legacy mining posed a risk that could affect insurance or the acquisition.

02

What we established

Historic uses, permitting and legacy mining did not indicate unacceptable risk for the existing industrial use. The environmental risks were manageable, with nothing that would prevent the transaction.

03

What changed

Insurance was secured and the purchase went ahead.

04

What was avoided

Delay to completion while environmental uncertainty was resolved.
05

How we got there

  • Site walkover to establish current conditions and check compliance with the existing environmental permit
  • Review of historical land use, regulatory records and environmental datasets, including legacy mining
  • Environmental due diligence assessment of risk in the context of insurability and liability transfer
  • Site walkover within 24 hours and report within 48 hours of instruction
Tom Wyllys, Director, Clear Environmental
About the author
Tom Wyllys
Director

Tom leads Clear’s environmental due diligence service. He has advised investors, lenders and legal advisers on UK and European property transactions since 2012, including portfolios above £1 billion.

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