Development Opportunity Nottingham
ABB Building, Traffic Street, Nottingham
1 Acres
Description
The site comprises a series of three properties with c.1900’s frontage structures and more recent c.1960s additions. There is a central yard accessible from a gated sole point of access from Traffic Street which is accessible to all elements of the property. As well as the secure yard, there are approximately 17 car parking spaces at the rear of the site.
The property is situated within a location that is historically synonymous with industrial uses but has witnessed significant recent development of medium-rise purpose-built student accommodation (PBSA) and other residential uses. The site is within excellent proximity to local amenities with the comprehensive range of services and facilities within Nottingham city centre being within walking distance. The tram runs a short distance from the property.
The site is roughly rectangular in shape and measures c.1 acre (0.4 ha). The accommodation extends c.27,852 sq. ft (2,568 sq m) GIA.
The property has the benefit of positive pre-application advice, with the Council supportive of the property being redeveloped to residential usage.
The property is situated within a location that is historically synonymous with industrial uses but has witnessed significant recent development of medium-rise purpose-built student accommodation (PBSA) and other residential uses. The site is within excellent proximity to local amenities with the comprehensive range of services and facilities within Nottingham city centre being within walking distance. The tram runs a short distance from the property.
The site is roughly rectangular in shape and measures c.1 acre (0.4 ha). The accommodation extends c.27,852 sq. ft (2,568 sq m) GIA.
The property has the benefit of positive pre-application advice, with the Council supportive of the property being redeveloped to residential usage.
BUILDING HIGHLIGHTS
Freehold Property
Suitable for a variety of uses, including Residential & PBSA (STP)
Approximately 1 acre (0.4 hectares)
Prominent Location within Nottingham
Specification
The property comprises various freehold titles (title ref: NT307936, NT548424, NT585815, NT596652) which provide a combined site area of c.1 acre (0.4 ha).
The property is to be sold freehold with vacant possession and subject to all third party rights, easements and statutory designations currently passing. Prospective purchasers must satisfy themselves in this regard.
The property is to be sold freehold with vacant possession and subject to all third party rights, easements and statutory designations currently passing. Prospective purchasers must satisfy themselves in this regard.