Option agreements for land in Shrewsbury
If you own land near Shrewsbury, you may be wondering whether an option agreement would suit you. The answer depends on your land's planning prospects and how soon you want to be paid.
An option agreement gives a buyer the right, but not the obligation, to buy land within a set period, usually once planning permission is obtained. The landowner receives an option fee up front and, if the option is exercised, a price normally based on market value with permission, less agreed deductions.
- No commission: we're the buyer
- No pressure to decide
- We fund the planning work
Get an offer for land in Shrewsbury
Send the postcode and a rough size.
Shrewsbury at a glance
From Shrewsbury, it's 10 miles to Wellington and 13 miles to Telford. We buy land across that whole stretch of Shropshire, not only within the town.
| Town | Shrewsbury |
|---|---|
| County | Shropshire |
| Country | England |
| Postcode district | SY1 |
| OS grid square | SJ41 |
| Nearest towns we cover | Wellington (10 mi), Telford (13 mi), Oswestry (16 mi) |
| Distance from Telford | About 13 miles west |
| Planning system | National Planning Policy Framework and local plan |
| When you're paid | Option fee now, price when the option is exercised |
| Planning costs | Ours, sometimes recoverable from the price |
Who an option agreement works best for
- Larger fields and blocks on the edge of towns and villages
- Land being considered in a local plan review
- Holdings where several owners need to work together
- Sites with technical issues that need time to resolve
An option can capture more of your land's value where it needs a long planning journey, but the details matter. We explain every term before you commit.
How the money works
Purchase price
Often a percentage of market value with permission, less agreed costs.
Minimum price
A floor that protects you if values fall.
Deductions
Which planning and infrastructure costs come off the price before you're paid.
Exercise triggers
What has to happen before we can buy.
Land near Shrewsbury that an option agreement suits
Large strategic sites in Shrewsbury
The usual route: an option fee now and a price based on market value later.
Green belt and grey belt land in Shrewsbury
Common for green belt land promoted through a local plan review.
Barns and rural buildings in Shrewsbury
Less common for single buildings but can suit whole farmyards.
Brownfield land in Shrewsbury
Can suit larger brownfield sites with a longer planning route.
From first call to completion
Tell us about your land
Send the postcode or address and a rough size.
We check it properly
Title, planning history, access, flood maps and local policy.
You get a written offer
With the main figures behind it, so your adviser can check it.
The legal work
Your solicitor and ours handle the contract through to completion.
What England's rules mean for your land
Planning framework
Planning decisions in England follow the National Planning Policy Framework, revised in August 2026, and the local plan, prepared by the council or, in a national park, the park authority. Plans are reviewed periodically, which is when new housing sites are usually allocated.
Section 106 and CIL
Larger schemes often need a Section 106 agreement for affordable housing or contributions, and councils that have adopted the Community Infrastructure Levy charge it per square metre of new floorspace.
Awkward details we deal with
You're worried about the deductions
Ask for a clear list and a cap on what can be deducted. We'll explain each one.
You'd like your advisers' costs covered
Many option agreements include a contribution to the landowner's legal and agent costs. We'll tell you if ours does.
Useful to send us
- A rough size, in acres or hectares
- A plan, or a screenshot from an online map
- Any planning applications or letters
- Details of any tenants or grazing agreements
Your questions answered
What is an option agreement?
A contract that gives the buyer the right to buy your land within a set period, usually after planning permission is granted. You receive an option fee now and the purchase price if the option is exercised.
Do I keep the option fee if you don't buy?
Normally, yes. The terms are set out in the agreement.
How long do options last?
It varies with the site. Several years is typical for land needing local plan allocation, often with extension rights.
Can you visit land near Shrewsbury?
Yes. Once we've looked at the title and planning position, we arrange a site visit if the land looks suitable. Send the address or postcode to start.
Also near Shrewsbury
Other land types and routes
- Development land
- Land with planning permission
- Land without planning permission
- Large strategic sites
- Green belt and grey belt land
- Land for affordable homes
- Farmland and agricultural land
- Paddocks and equestrian land
- Barns and rural buildings
- Building plots
- Garden land and backland
- Infill plots and gap sites
- Small sites
- Garage sites
- Brownfield land
- Redundant commercial and industrial land
- Inherited and probate land
- Landlocked land and access problems
- Outright purchase
- Subject-to-planning sale
- Joint ventures
- All land in Shrewsbury
- Option agreements in Shropshire
Ready to talk about your land in Shrewsbury?
Call 0800 088 6248 or send the details. There's no obligation.