ABB Building, Traffic Street, Nottingham, NG2 1NE

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.

Location
The property is located in Nottingham, the largest City within the East Midlands. The City lies to the east of the M1 motorway, which connects London with Leeds.

Traffic Street is set back from Watery Street West which is a tram route into the City Centre. It is situated a short drive from the A453 giving direct access to the M1 motorway.

The Property is within walking distance of the city center and nearby amenities which include Castle Marine Retail Park, Sainsbury’s and Lidl.

The Property is located a short distance from Nottingham main rail station (circa. 200m). Nottingham Railway Station provides services to Birmingham New Street (1 hour 14 minutes’), Liverpool Lime Street (2 hours 44 minutes’) and London St Pancras (1 hour 37 minutes’).

Nottingham is approximately 13 miles (21 km) to the west of Derby, 32 miles (51.5km) to the south of Sheffield and 45 miles (72 km) to the north-east of Birmingham.

Specifications
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.