Property With Potential Logo Property With Potential - return to homepage
Land for sale

>

Land for sale

Ortzen Street, Nottingham
£750,000

Our Summary

  • SUMMARY***TRADITIONAL AUCTION*** Opportunity to acquire a freehold development site in Radford, Nottingham, less than 1 mile from Nottingham City Centre, with planning permission granted for construction of a three-storey, 35-bed purpose-built student accommodation building
  • A freehold development opportunity, with full planning permission granted to for demolition of the existing unit and construction of a three-storey, 35-bed student accommodation building, located in Radford, Nottingham, less than a mile from Nottingham City Centre and Nottingham Trent University, and less than 2 miles from the University of Nottingham
  • Planning Permission Full planning permission was granted under 23/00711/PFUL3 by Nottingham City Council on 10th October 2024 for demolition of existing building and construction of a three-storey, 35-bed purpose-built student accommodation building
  • Full planning permission granted for demolition of the existing unit and construction of a three-storey, 35-bed student accommodation building
  • Full planning permission was granted under 23/00711/PFUL3 by Nottingham City Council on 10th October 2024

Description

A freehold development site in Radford, Nottingham, is being offered for sale via traditional auction, with a guide price of £750,000. The site has planning permission granted for the construction of a three-storey, 35-bed purpose-built student accommodation building, with each unit featuring an en-suite shower room and two communal kitchens per storey. The property is located less than a mile from Nottingham City Centre and Nottingham Trent University, and less than 2 miles from the University of Nottingham. The existing business operating on-site has a licence to operate until January 2026, after which development can commence. The property is being sold freehold, with a retained buyer's fee of 1.75% + VAT payable upon a successful sale. Viewings are strictly by appointment with the selling agent.