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Bridgford Point, Lady Bay Bridge, West Bridgford, Nottingham NG2 5GA High profile apartment development opportunity Illustrative CGI of the scheme
Bridgford Point, Lady Bay Bridge, West Bridgford, Nottingham NG2 5GA
High profile apartment development opportunity
Illustrative CGI of the scheme
Bridgford Point, Lady Bay Bridge, West Bridgford, Nottingham NG2 5GA 3BB
SummaryThis site offers the opportunity to build a high profile and accessible development in the desirable and high value area of West Bridgford, Nottingham.
The site benefits from consent for a four storey apartment complex comprising x32 two bed apartments and x16 one bed apartments plus secure and surface car parking.
The scheme comprises 100% private units and there are no S106 contributions.
Location
The site is located approximately 1.5 miles (2.4 km) south east of Nottingham City Centre, on the corner of Lady Bay Bridge and Scarrington Road. This prominent position provides efficient access into the City Centre, as well as out of the City via the A52 Ring Road and A60, which in turn lead to a number of surrounding suburbs including West Bridgford, Edwalton, Colwick, Southwell and Bingham.
Nottingham Railway Station and a wide range of public transport, retail and leisure amenities are on offer in the City within close proximity to the site. In addition the highly desirable and sought after West Bridgford Town Centre is within 1 mile (1.6 km) of the development site. West Bridgford is often identified in national surveys as being one of the most sought-after residential areas in the country boasting a range of quality niche retailers as well as a variety of national bars and restaurants including Pizza Express, Carluccios’s, Gusto, Mud Crab, Costa Coffee and Caffè Nero.
Lady Bay Retail Park is within 0.5 miles (0.8 km) with occupiers including The Range, Hobbycraft, Subway and Burger King.
Also within 1 mile (1.6 km) is Eastpoint Retail Park where tenants include Aldi, Poundland, Smyths Toys, Just For Pets and Costa Coffee.
Illustrative CGIS of the development opportunity
Bridgford Point, Lady Bay Bridge, West Bridgford, Nottingham NG2 5GA
Situation
The site holds a prominent position on the corner of Lady Bay Bridge and Scarrington Road, benefiting from main road frontage and offering stunning views over The River Trent.
Also within close proximity are well recognised sporting facilities including Nottingham Rugby Club, Trent Bridge Cricket Ground, Nottingham Forest Football Stadium, Notts County Football Stadium, Holme Pierrepont Country Park and National Water Sports Centre.
Immediately adjacent to the site is the established Bridgford Point retail and residential development, comprising three floors of apartments above retail , with occupiers including Bathstore, Laithwaite Wine, Feather & Black and Clarke Home Interiors.
This image is not to scale NOTE:- Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office.© Crown copyright licence number 100022432 Savills (UK) Ltd.NOTE:- Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed.
Site Area
Floor Total Floor Area in sqft (GIA) Total Floor Area in sqm (GIA)
Ground 10,323 sqft 959 sqm
First 9,731 sqft 904sqm
Second 10,290 sqft 956 sqm
Third 10,290 sqft 956 sqm
Basement 8,202 sqft 762 sqm
Total 48,836 sqft 4,537sqm
Accommodation schedule:
Tenure
Freehold with Vacant Possession upon completion.
Planning
Planning consent has been granted for the development of a four storey apartment building with semi-basement and surface car park.
Planning Reference - 16/01118/FUL
Rushcliffe Borough Council, www.rushcliffe.gov.uk
Indicative sale plan
Site Area Approximately 0.37 acres (0.15 ha)
This is a 100% private unit scheme with no S106 contributions payable.
Alternative Uses
The Seller will consider alternative uses such as roadside, retail and leisure on site, subject to confirmation of the level of due diligence undertaken and timelines for delivery.
Method of Sale
The site will be sold by way of Informal Tender.
Offers are invited on a conditional or ideally unconditional basis by noon on Monday 1 October 2018.
Offers should be made in writing, should not relate to any other offer and should include the following as a minimum:
• Nature of use and due diligence undertaken
• Any conditions relating to your offer
• Proposed timescales for exchange and completion
• Solicitor’s details
• Confirmation of proof of funds for the purchase price
• Brief background to the company
Offers should be addressed to: Victor Ktori/Ann Taylor, Savills (UK) Ltd, Enfield Chambers, 18 Low Pavement, Nottingham, NG1 7DG
Offers may be submitted via email to: [email protected] / [email protected]
Please note that the Vendor will not be obliged to accept the highest or indeed any other offer.
Important Notice
Savills, their clients and any joint agents give notice that:1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere,
either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.
2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. 180706AT
Drawing Title:Project:
NOTE: This drawing is indicative only reproduction subject to copyright original sheet size A3
scale: NTS by:
date: status:
drawing number: revision:
Lady Bay New Apartments
Proposed Visual
18.08.2016
4609-A-5012
Ful-App
SS P01 18.08.2016 First issue SSP02 23.08.2016 Elevations revised SS
P03
P03 24.08.2016 Signage removed SS
Guide Price
Upon Application.
VAT
To be confirmed by the Seller’s solicitors.
Services
We understand that Mains Water, Electricity, Gas and Drainage are available in the vicinity. However, prospective purchasers should satisfy their own enquiries to the relevant Authority as to the suitability, capacity, connectivity and exact location of services.
Legal Costs
Each party are to bear their own legal costs in connection with this transaction.
Further Information
Please contact:
Victor Ktori Ann Taylor Ryan McGrath [email protected] [email protected] [email protected]
Savills Nottingham Office: +44 (0) 115 934 8000
Bridgford Point, Lady Bay Bridge, West Bridgford, Nottingham NG2 5GA
High profile development opportunity
Illustrative CGI of the development
