BNP Paribas Real Estate, the leading property adviser, is offering property investors or developers the chance to own the unique Trent River Park mixed-use lots, located in the prestigious Colwick area of Nottingham. The sites comprise a landmark residential scheme and commercial elements, as well as additional land with development potential.
Freeholds on the site are available for sale, individually or as a whole, including commercial space of circa 4,920 sqm (52,957 sq ft), with an income of £149,046, and a seven storey residential building of circa 12,672 sq m (136,406 sq ft), with an income of £1.41m.
The residential section of the site comprises 127 units, combined with a commercial gym and secure basement parking for 159 cars. The commercial element includes a light industrial building of circa 1,508 sqm (16,236 sq ft), currently used as a bakery, as well as a warehouse building of 2,834 sqm (30,501 sq ft), which features mezzanine and first floor offices.
Other elements of the site include the Yacht Club, which lies to the west of River Crescent and comprises a public house with further commercial moorings. An additional vacant undeveloped site lies to the north of the Yacht Club, extending to 0.49 acres.
Debbie Taylor, Head of land and new homes at BNP Paribas Real Estate, comments: “This is a prestigious opportunity for someone to own a modern mixed-use portfolio with available strategic development land, set on the banks of the River Trent. The site itself has excellent commuter and freight connections, making it an ideal business and industrial location. Nottingham features a host of renowned employers and two highly regarded universities, with a population in excess of 60,000 students and staff within close proximity to Trent River Park.”
