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Residential development for sale

Regent House, Clinton Avenue, NG5 1AZ

Offers in Excess of
£2,250,000

£88.00 per sq ft

Business rates & charges may apply

heb Property Consultants, Nottingham
SIZE AVAILABLE

25,568 sq ft

2,375 sq m

SECTOR

Residential development for sale

USE CLASSUse class orders: C3 Dwelling Houses and Class E

C3, E

Key features

  • Substantial redevelopment opportunity.
  • Previous consent for 30 apartments.
  • Former office which has been stripped back to shell and core.
  • Gross Internal Area of 2,375 sq m (25,568 sq ft) excluding the basement.
  • Situated in an established mixed residential and commercial area on the edge of Nottingham city centre.
  • Immediately available.

Description

Location
The property is located 1.5 miles north of Nottingham city centre and is accessed from the north side of Clinton Avenue immediately off Hucknall Road (A611). The location affords convenient access to Mansfield Road (A60) which links the location to both the city centre and the outer ring road to the north.

The immediate vicinity is categorised by a mixture of office, educational and residential properties.

The property is well served by local amenities, available on Mansfield Road (A60), which provides a comprehensive range of both national and independent retailers, cafes and restaurants.

Description
The property comprises a substantial former office building providing accommodation over ground, first and second floors. Internally, the building been fully stripped out back to shell and core.

The property is situated within a self-contained site with the surfaced car park accessed directly off Clinton Avenue. There is also pedestrian access through to the elevation along Hamilton Drive.

Externally, there is a dedicated car park which has parking for approximately 53 cars.

The building is not listed but is situated in a Conservation Area.

The trees on site are not subject to Tree Presentation Orders based on information provided from Nottingham Insight Mapping.

Floor Areas (GIA)
From floor areas provided to us, the property has the following Gross Internal Areas:-

Ground Floor: 791 sq m (8,514 sq ft)
First Floor: 792.18 sq m (8,527 sq ft)
Second Floor: 792.18 sq m (8,527 sq ft)
TOTAL: 2,375.36 sq m (25,568 sq ft)

There is also a basement of 67.45 sq m (726 sq ft).

Floorplans are available upon application.

Tenure
Freehold with vacant possession upon completion.

Our Clients preference is for unconditional offers but consideration will be given to conditional offers.

Price
Offers are invited in excess of
£2,250,000 Freehold

VAT
VAT is applicable to the purchase price.

Planning
In May 2021, the building obtained planning from Nottingham City Council for:-

Change of Use from Offices (B1)
to Dwellings (C3) 30 apartments

Under planning reference number:
21/01058/PACPD

There have been two subsequent applications which relate to varying conditions of the May 2021 decision and amending the external alterations. The planning reference numbers are:-

22/00352/PVAR3
22/00597/PFUL3

Links to the planning applications are available.
We would recommend all interested parties seeking independent planning advice.

EPC
C 56

Brochures

Regent House, Clinton Avenue, NG5 1AZ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Beaconsfield St Tram Stop0.6 miles
  • Noel St Tram Stop0.6 miles
  • The Forest Tram Stop0.6 miles

About heb Property Consultants, Nottingham

Canalside House 6 Canal Street Nottingham NG1 7EH

heb Property Consultants are one of the region's leading practices of Chartered Surveyors that specialise in all aspects of commercial property. We are a multi-discipline consultancy and our clients range from corporate companies and pension funds to small property trusts and individuals, we also provide various services to local authorities and charities.

Our ethos is based around core principles of strong communication with our clients, partner led services and a commitment to both creative and analytical thinking when dealing with property issues.

Our key services include;

Commercial property agency

Investment agency

Development advice

Professional services including rent reviews and lease renewals

Advice on s.106 and affordable housing agreements

Notes

These notes are private, only you can see them.

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