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Commercial Development for sale

2 Arkwright Street, Nottingham, NG2 2GD

Under Offer 5,844 sq. ft. | £500,000

Property Description

Commercial information

  • 5,844 sq ft (542 sq m)

Key features

  • Prominent location directly opposite Nottingham Train Station.
  • Substantial car park.
  • Suitable for a variety of uses (subject to planning permission).
  • Development potential (subject to planning permission).

Full description

Location

Nottingham is ideally located in the heart of England with excellent transport links, rapid access to the motorway system, a major railway station and a comprehensive public transport network. The city lies approximately 128 miles (206 km) north of London, 51 miles (82 km) north east of Birmingham and 73 miles (118 km) south of Leeds. Road communications are excellent with the M1 providing routes to the north and south and the A50 giving a direct link to Derby and the west. The train station located to the south of the city centre provides direct trains to London St Pancras International Train Station taking approximately 1 hour and 41 minutes.

Nottingham has a population of approximately 305,680 (2011 Census), with an average of over 62,000 full time students studying across two universities. The local economy employs more that 300,000 people, and is growing at a faster rate than regionally or nationally. It is also one of the UK's top ten retail centres and one of only six designated Science Cities within the UK.

Situation

The property occupies an extremely prominent position at the intersection of Arkwright Street, Sheriffs Way, Queens Road and Carrington Street directly opposite Nottingham Train Station within a predominantly commercial district having experienced significant regeneration in recent years.

Description

The property comprises the former Queens Hotel, being of a brick construction arranged over lower basement, basement, ground and two upper levels having rendered elevations with the benefit of multipaned timber sash windows to all sides.

It is typical of a mid to late 19th century construction incorporating some attractive architectural detailing in the form of window casements, pediments, bay windows, dress stone quoins and attractive broken pediment and pilaster door casement comprising the main entrance.

Internally, the property is configured to provide a showroom with ancillary storage and office
accommodation.

The property benefits from a surfaced car park to the rear accessed off Arkwright Street.

More information from this agent

Map & Street View

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