Feasability Studies

At INCO, we provide comprehensive feasibility studies to help clients assess the potential and viability of a site or property before committing to development. Our detailed analysis and concept designs offer valuable insights into the opportunities and constraints of a project, allowing clients to make informed decisions from the outset. Here are some examples from our latest Feasibilities.

Lawrence Street

A comprehensive feasibility study was undertaken to assess the suitability and viability of a compact site, which was restricted to one boundary. The site’s limited size and constraints presented unique challenges, requiring a careful evaluation of the potential for demolishing the existing building and replacing it with a new apartment development. The study took into account several key factors, including the site’s physical conditions, accessibility, and its positioning within the surrounding area. It also examined local planning regulations, zoning restrictions, and the possibility of achieving the necessary approvals for redevelopment. In addition to these regulatory aspects, the study considered the financial feasibility of the project, including construction costs, market demand for the proposed apartments, and potential return on investment. Despite the spatial limitations, the study determined that, with the right design approach and strategic planning, the site could be developed into a successful apartment building, ensuring both practicality and financial viability within the given constraints.

Timber Yard

An in-depth appraisal of the site was carried out, leading to the submission of a pre-application to the local planning authority. The purpose of this submission was to assess whether the authority would be open to considering the site for residential development, particularly given its location on the cusp of the settlement area. The pre-application process allowed for early feedback on the site's potential for development and provided valuable insight into how the local authority might view the project in terms of planning policies, infrastructure, and overall suitability for residential use.

St Mary Gate

Conceptual work and a detailed feasibility study were undertaken to determine the optimal number of studios the existing building could accommodate, while carefully considering its status as a heritage asset. The study took into account complex planning matters, including local planning policies, conservation area restrictions, and the building's historical significance, ensuring that any proposed changes would respect its architectural value while meeting modern needs. This process ultimately led to the submission of a planning application to reinstate the building, which had remained vacant and without a viable future use since its closure as former council offices in 2017. The proposed development aimed not only to breathe new life into the structure but also to secure a sustainable future for a building of historical importance, offering a modern solution while maintaining its character and heritage.