Marketing statement requirements for employment land

The marketing statement should target potential occupiers and the following measures should be used:- • The market price and an indication of this price relative to those prevailing for similar premises in the local market of Belfast. Where possible, examples of comparable transactions involving a similar site or building. This should also include details of an independent valuation. • Any reductions in market price made during the course of marketing; • The marketed use of the site (the council will expect employment sites or premises to be marketed in a way that identifies all the options available in retaining the site in employment use. This will include, where appropriate, the potential for refurbishment, redevelopment for new employment uses, sub-division or amalgamation. • A monthly breakdown of interest in the property; all expressions of interest/offers received including rental interest, progress and negotiations undertaken including any offers made and reasons for these being rejected. Where possible the applicant should obtain from interested parties reasons/explanations as to why they were not able/willing to proceed.