
EG On The Move to grow estate through acquisitions using Searchland

- Company: Searchland
- Client: Eg On The Move
- Year: 2024
- Region: UK-wide
- Product: Searchland
- Land search and assessment
Introduction
The team joined Sarchland to Searchland to achieve its ambitious goal of acquiring new stop-and-shop sites across the UK over the next five years.
Challenges
Delayed Notifications: Receiving alerts about new planning applications in nearby areas was slow, limiting their ability to act quickly.
Fragmented Market Insights: They lacked a unified platform to access comprehensive, nationwide market trends and data efficiently.
Ineffective Tools: Their previous land-sourcing platform was difficult to navigate and imposed extra charges for bespoke features, further hampering productivity.
Solutions
Streamlined Evaluations: With Searchland’s Sourcing Tool, EG On The Move can evaluate sites online within minutes, enabling them to “separate the wheat from the chaff” before investing time and money on unviable options.
Live Planning Alerts: Real-time updates on nearby planning applications ensure EG stays informed about developments like drive-thrus or petrol stations, preventing surprises and enabling proactive decision-making.
Comprehensive Commercial Data: Access to up-to-date comparables keeps EG informed about market trends, helping them accurately assess site values, craft competitive offers, and gain insights into competitor activities.
Efficient Site Sourcing: The platform helps EG identify development-ready sites, reducing the need for costly and time-intensive due diligence on unsuitable locations.
With Searchland, EG On The Move can focus on high-potential deals, aligning with their investment criteria and improving overall efficiency.
Results
Commissioning lengthy due diligence reports for every potential site was costly and time consuming, especially with nationwide travel. With Searchland’s Sourcing Tool, we now evaluate sites online in minutes, quickly 'separating the wheat from the chaff' and avoiding wasted time and resources on unviable sites.
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