FHP have been appointed by the landlords of the Sandicliffe Motors site on Loughborough Road in West Bridgford to advise of the future development opportunities available to them.
The property, which was originally the B&K Thomas Mercedes Dealership, was originally let by FHP to Sandicliffe Motors some 10 years ago. Sandicliffe will relocate at the end of 2017 to 2 new sites that they have acquired close to the Showcase Cinema site off Clifton Boulevard at Lenton.
David Hargreaves, who is advising, said: “This is a superb site in the much sought after West Bridgford conurbation with a significant presence to both Bridgford Road and Loughborough Road. The site, which totals approximately 0.55 acres, is directly opposite the world famous Trent Bridge Cricket Ground.
There is significant potential on this site for a variety of uses ranging from a food store through to roadside retail, leisure and, of course, residential. Apartments in West Bridgford are now achieving prices of £300+/sq ft and we expect to see this increase towards £400/sq ft over the next 18 months with the development of the former Rushcliffe Borough Council Civic Centre and river fronted sites on Meadow Lane and at Colwick.”
Hargreaves went on to say that FHP are working with Maber Architects and Grace Machin Planning Consultants to determine the strategy and the way forward for this site which will be available from the end of the year.