Property Consultancy for Long Leasehold Disposal of Former Council Site
Awarded 24 Aug 2015
About
Royal Borough Of Kensington & Chelsea awarded a contract to Knight Frank for property consultancy advice regarding the long leasehold disposal of a closed council site.
The consultant was appointed to market the site for disposal for Private Extra Care Housing, with the aim of achieving best value through maximising capital receipt and/or income revenue.
The disposal required the site to be developed for private extra care housing within Planning Use Class C2, with the Council restricting land use accordingly.
The contract value was £170,000.
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