Environmental due diligence
Experts in M&A due diligence, real estate due diligence and ESG, we help clients minimise transaction risk, identify opportunities and maximise returns.
Environmental due diligence for truck stop purchase
Our client was looking to purchase a newly constructed purpose-built truck stop and appointed us to undertake technical due diligence to ensure there were no hidden risks or liabilities.
Key details
Project name
Environmental due diligence for truck stop purchase
Client
Confidential
Location
Southeast England
Services provided
- Phase 1 Environmental Survey
- Planning and ground investigation review
- Data room review
Challenge
As the site had an industrial history and was located in an industrial setting, it was crucial to identify and assess all ground investigation information undertaken as part of the planning process to ensure all potential liabilities were identified and addressed at development stage, prior to the acquisition of the site.
Solution
A thorough data room and planning review, along with regulatory consultations undertaken as part of our Phase 1 Environmental Report scope, enabled us to piece together a step-by-step process of the works undertaken to assess ground conditions.
We identified initial planning conditions and ground investigation reports from which we undertook a detailed review, and worked to obtain evidence of regulatory approval and condition discharge. As a result, we were able to assure our client all potential liabilities were addressed to enable a successful purchase.
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