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Development Opportunity, 2 Arkwright Street, Nottingham, NG2 2GD

5,844 Sq Ft / Offices

Sold - Last updated: 01 December 2018

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. 

Location

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.

Accommodation

Basement - 51.1 sq m  (550 sq ft)

Lower Ground Floor - 126.7 sq m  (1,363 sq ft)

Ground Floor - 153.6 sq m  (1,653 sq ft)

First Floor - 95.4 sq m  (1,026 sq ft)

Second Floor - 116.4 sq m  (1,252 sq ft)

Total - 543.2 sq m  (5,844 sq ft)

The above floor areas are given for information purposes only and perspective purchasers are advised to undertake their own measured survey of the property.

Terms

Tenure - The property is freehold and the rear car park is held on a 99 year lease with effect from 24 June 1977 from Nottingham City Council at a peppercorn rent.

Price - Offers in excess of £XXX 

Specification

  • 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).


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