Do you think your site or property could be redeveloped but not sure on the best or most profitable outcome? If so, then it’s probably worth considering a Feasibility Study.
A Feasibility Study is a preliminary assessment completed during the very early stages of a project, usually where there is some uncertainty about the available options. The main goals of a Feasibility Study are to:
- Establish whether the project is viable, primarily financially, but also to consider other restrictions.
- Help identify feasible options / alternative uses.
- Develop the business case and project brief.