£2,000,000
  • Ref: 709911
  • Availability: For Sale
  • Tenure: Freehold
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  • Site Plan
  • Ground Floor Plan
  • First Floor Plan
  • Second Floor Plan

Full Details

Substantial former commercial premises and site with Full Planning granted for conversion and new build to create 71 units with 136 rooms.

The vendor will give consideration to offers submitted subject to obtaining a satisfactory planning consent to vary the existing permission from purpose-built student accommodation (PBSA) to a private residential rented sector (PRS) scheme. Interested parties seeking an alternative residential development approach are invited to submit proposals outlining their intended scheme, with the vendor willing to consider conditional offers subject to securing the necessary planning approvals and consents.

Situated in a prime location being just 1.5 miles from the NTU City Campus, 2.5 miles from the University of Nottingham Jubilee Campus and 3 miles from the Queens Medical Centre. A rare opportunity to acquire this prominent conversion/development opportunity with full planning enabling the purchaser to begin work immediately.

Based on the current planning the property will provide the following: Conversion and Extension of Mill
57 x studio rooms
3 x self-contained apartments
2 x 4 en-suite bedroom apartments
5 en-suite bedroom town house
New Build Development
6 en-suite bedroom duplex accommodation
6 x 9 en-suite bedroom town houses

Property Features

  • Former Mill Premises
  • Student Development Opportunity
  • Opportunity for Private Resi STP
  • Planning Ref 23/02055/PFUL3
  • 71 Units with 136 Rooms
  • Full Planning Granted
  • Mix of Conversion and New Build
  • Section 106 will be dealt with upon sale