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City Centre Educational Facility Development Site
Nottingham, NG1 - Get Access
Description
A rare opportunity to acquire a substantial freehold City Centre educational facility extending to a combined 13,162 sq ft, located in the prestigious Professional Quarter of Nottingham City Centre. Situated in a prominent position between The Ropewalk and College Street, the property is in one of Nottingham's prime locations, just a few minutes' walk from the Old Market Square and city centre. It is close to the Playhouse, Theatre Royal Hall, and Royal Concert Hall, surrounded by affluent apartments, offices, and restaurants. The location benefits from excellent transport links to the city centre and surrounding areas, with proximity to a multi-storey car park and on-street parking. Comprising two buildings set on a site area of 0.5 acres, the College Street building extends to circa 9,299 sq ft, comprising a ground floor of 4,398 sq ft, first floor of 3,290 sq ft, and second floor of 1,612 sq ft. The Ropewalk building extends to circa 3,863 sq ft, comprising a ground floor of 1,551 sq ft, first floor of 458 sq ft, and second floor of 1,855 sq ft. Both buildings are in need of refurbishment. Externally, the property benefits from off-street parking off The Ropewalk for approximately six cars. There is strong scope for conversion, redevelopment, or a range of alternative uses, subject to obtaining the necessary planning consents (STP). Ideal for investors, developers, and owner occupiers.