Property Details

LAND FOR SALE - Nottingham

LAND FOR SALE - Nottingham

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Property ID : pght01

UNDER OFFER £1,400,000 Guide Price 
14521.5 Sq Ft Gross Site Area Print

Full description

Tenure: Freehold

LAND FOR SALE – Pegatron are offering for sale this highly prominent site of 14,521 sq ft, with Verbal pre app planning permission for a Student accommodation development of 124 Studio apartment Boasting a much sought-after location within lively beat of town, is set for maximum exposure with large population catchments from surround areas within a 5 km radius. Complemented by well-planned amenities, the fusion of numerous shopping centres, Hypermarkets, restaurants and universities all within walking distance. This sale is subject to planning permission approved by Nottingham Council.

Location:

Nottingham City Centre is located approximately 1.1 miles from the development site, therefore this location benefits from easy access to a range of retail and leisure opportunities from both independent and nationals operators.

Strategically located within the prime residential district of Nottingham. Within a 1.9 mile radius there is access to ten college/university campuses ensuring a high volume of students for a student accommodation development within this demanding area.

This development site is also well served by the surrounding road network and public transport links, with the site benefiting from easy access onto London Road, which in turn provide efficient access to the Nottingham Ring Road, the surrounding areas and the M1 motorway. For public transport links tram link station is within 0.5 miles and Nottingham Railway station is location 2.0 miles away.

The development site is located approximately 1.2 miles north of Nottingham Train Station, which can easily be access by foot or via a number of bus lines running from the site. Existing tram lines run from Nottingham Train Station to Tram Link station (High School) which is located 0.5 miles from the development site. Nottingham Coach Station is located 1.3 miles south of the subject site.

Description:

The development site is of a fairly regular shape, is relatively level throughout. The site gross area extends to approximately 1349.08 sq.m (14521.5 sq.ft) and is situated on Russell Street off Forest rd W. A mixture of Victorian residential properties and new build apartments are located on Russell Street.

Currently there is approved verbal pre app consent with Nottingham Council to develop a student accommodation of 124 Studio apartments. This sale is subject to formal submitted planning consent approved by Nottingham Council.

GUIDE PRICE: £1,400,000
TENURE : FREEHOLD

Consumer Protection
Pegatron Ltd is the seller’s agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.

Additional Details

  • Land for Sale: Subject to planning permission of 124 apartments
  • Nottingham City Centre : 1.1 Mile from development site
  • Nottingham Trent University: Walking distance
  • Verbal pre app planning consent: Approved by Nottingham council for Student accomodation use
  • Gross External Area: 14521.5 Sq Ft
  • FHP: Professional Valuation and feasibility report available
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Agent Sales Department

  • Office : +44 (0)203 302 7780

Pegatron Sales department are open:  Monday to Friday between 10:00am – 7:00pm Saturday 11:00am to 4:00pm Sunday –…
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