A landmark address in Nottingham’s Professional Services Quarter has been sold in a deal brokered by property specialists NG Chartered Surveyors.
The former Actons Solicitors offices at 20 Regent Street in the city have been sold by a private pension fund to the J&R Group & Clarendon Land & Development of Nottingham.
Ross Jackson, Director of Clarendon Land and Development, said: “We are excited to enter the next chapter unfolding from our new premises on Regent Street. The location within the professional hub of Nottingham is perfect for welcoming clients and colleagues, whilst the property also allows us ample flexibility for the onward expansion of our business.”
Richard Sutton, Managing Director of NG, said: “This elegant Victorian building certainly attracted a lot of interest as it offered a rare opportunity to purchase a property on Regent Street.
“We arranged block viewings which generated a huge amount of interest and competitive bidding was strong. I have advised the pension fund owners for many years and advised that the time to sell was perfect. They are incredibly pleased with the outcome – as are we – and I’d like to thank Ross Whiting at Innes England for the important part he played with his client.”
Ross Whiting, Associate Director at Innes England acted for the new owner of the building. He said: “I am very pleased to have acquired this property on behalf of my retained clients following a competitive best bids situation. It was a pleasure to work with Richard Sutton of NG and I am glad we have been able to get this deal over the line as my clients now have an office to call their own in a prominent location.”
Russell Thompson at Massers acted for the pension fund in documenting the sale. Vik Moothia of Landsmiths acted for the purchasers.
