Diversification

Telecommunication masts and wind power sites now provide established areas of diversified income for landowners. The essential principles of land letting are applicable here as well, but knowledge of the relative markets being served by the activity is vital to ensure that the commercial rates of rental reflect the value of each individual site. This applies as much to a waste management operation using a hole in the ground, as construction site offices, or a tourism venture.

Chalmers & Co services include:

• Market research into available opportunities for in-house operations.
• Development appraisals and cost assessments.
• Negotiation of heads of terms for lease.
• Drafting or approving lease documentation.
• Rental negotiation for initial term and on review.
• Plan preparation.
• Land inventory including, if relevant, soil surveys and recommendations for land restoration.
• Access agreements and wayleaves.