A row of historic houses on a cobbled, pedestrian street leading up to Nottingham Castle has come on to the market for restoration and redevelopment through property consultants Bruton Knowles acting on behalf of Nottingham City Council.
Offering a unique opportunity to acquire an extended terrace of ten buildings full of architectural interest; numbers 43 – 59 Castle Gate date from the Georgian and Stuart eras, and the oldest building, Severns House, the former Lace Centre shop, from around 1450. All are Grade II listed and are recorded in Pevsner’s Buildings of England.
Originally built as dwellings, the buildings have most recently been used by Nottingham City Council as a costume museum and offices. Each property retains a wealth of interesting structures and features that could provide atmospheric surroundings for a unique café, hotel, restaurant, retail outlet, offices, home or a mixed-use development, subject to planning consent. The terrace is available to buy in separate lots, or as a whole that totals around 12,000 sq ft.
Sam Spencer, commercial agent at Bruton Knowles, commented: “Castle Gate and Severns House represent a unique and interesting opportunity for developers to take ownership of a street of historic, character buildings with both strong commercial and residential potential.
“These properties are truly fascinating and packed with original features. As a whole, or divided into separate lots, the buildings could be redeveloped in such a way as to capitalize on their unique heritage and location that is nevertheless right in the heart of Nottingham. We are already receiving enquiries in the buildings from a variety of interested parties.”
Located on the cobbled approach to Nottingham Castle from Wheelergate, Castle Gate and Severns House are located in the heart of Nottingham’s central business district and offer five car parking spaces and a rear garden. Numbers 43 – 57 are interconnected, with number 59 a smaller, ancillary building. Severns House is attached to the western end of the terrace, which fronts Castle Road. A much-valued example of the city’s architectural heritage, Severns House was moved brick-by-brick to this location from its original site in Middle Pavement in 1968.
