Value?15 Aug 2025 08:30
"AEG will invest £40,000 to advance the site's promotion, including District Network Operator ("DNO") applications and planning consent, led by specialist consultants.
· The Heads of Terms is valid for 18 months, during which AEG will actively support planning and development.
· Upon securing planning consent and lease commencement, AEG's £40,000 investment will be reimbursed and receive 5% of the first year's rent."
So they put in £40k, do all the work for planning and then get 5% of the first year rent - any idea what that's actually worth?