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Feasibility Studies

Do you want to better understand the possibilities of what can and can’t be done with your land or building[s] ?

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.
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The Feasibility Study should be presented in a clear way with an obvious conclusion that enables you to decide whether to proceed to the next stage or not. While it does cost money to prepare, in the way of professional fees, these costs are a small fraction of what could potentially be lost if the project is started without due consideration of the options and viability so is well worth it.

Want to discuss your next architectural project

Get in touch with us today and let us know your requirements, budget and if there is anything in particular that you want and we will get in touch to arrange an appointment to come and discuss your project with you.

Issues that may need to be considered for a Feasibility Study include [not an exhaustive list]:

  • Who owns the site?
  • Location of site in relation to nearest centre of population.
  • Parking facilities.
  • Retail facilities.
  • Social / leisure facilities.
  • Planning Permission.
  • Utilities, statutory undertakings and other services.
  • Assessment of the potential to re-use existing facilities or doing nothing rather than building new facilities.
  • Architectural / historical.
  • Design possibilities.
  • Basic cost plans relative to client requirements.
  • Approvals / decisions.
  • Identification of the various stakeholders and other third parties.
  • Site access.
  • Location of site in relation to local authority Development Framework.
  • Education facilities.
  • Employment.
  • Licensing.
  • Site Investigation / Environmental Factors.
  • Considering different solutions to accessing potential sites.
  • Site Analysis.
  • Transport links.
  • Healthcare facilities.
  • Sport / recreational facilities.
  • Legal Rights / issues.
  • Drainage.
  • Will an Environmental Impact Assessment be required?
  • Basic structural analysis.
  • Available Grants.
  • Health and Safety Considerations.
  • Programme / timescale.

If you want some help to assess the opportunity and realistic options for your site / property please get in touch for a chat.

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