Savills : High-end residential scheme set to start on site following sale of Bridgford Point, West Bridgford, Nottingham
January 21, 2019 at 07:44 pm IST
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The site comprises 48,836 sq ft (4,537 sq m) of consented development land, providing the opportunity to build a four storey apartment complex with up to 32 two bed and 16 one bed apartments, plus secure car parking.
Victor Ktori, head of office at Savills Nottingham, comments: 'The site provided the purchaser with a rare opportunity to acquire a prime development site in a highly sought after location. With the relevant planning permission already in place, BSP Holdings is now set to use the development land to deliver the outlined high-end residential scheme.'
Nigel Singh, Director of BSP Holdings, adds: 'Demand for residential apartments in West Bridgford continues to be strong. This prominent site gives us the opportunity to create a gateway scheme with an anticipated value of over £10m.'
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Savills plc published this content on 21 January 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 21 January 2019 14:13:09 UTC
Savills plc is a United Kingdom-based global real estate services company. The Company operates through a network of offices in the United Kingdom, Europe, Asia Pacific, North America, Africa and the Middle East. The Company's range of services covers various segments, which include residential, office, industrial, retail, leisure, healthcare, rural and hotel property, and mixed-use development schemes. Its businesses include Transaction Advisory, Consultancy, Property and Facilities Management and Investment Management. The Transaction Advisory business stream comprises commercial, residential, leisure and agricultural leasing, tenant representation and investment advice on purchases and sales. Its Property and Facilities Management business includes management of commercial, residential, leisure and agricultural property for owners. Its Consultancy business includes a range of professional property services, including valuation, project management and housing consultancy, and other.
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