Nottingham office building set for facelift after sale

A Nottingham city centre office building has been sold and is set for an extensive refurbishment.

The 3,000 sq ft 8 Clinton Terrace has been bought by Clinton View in a deal brokered by FHP Property Consultants.

Thomas Szymkiw of FHP’s office department, who agreed the sale, said: “8 Clinton Terrace is a great building, in a fantastic location bordering the desirable Park Estate and in an area that has seen some fantastic developments in recent years including both private and student residential schemes.

“The property provided a perfect opportunity for either an office owner occupier or developer and we had high interest in the property on both fronts – resulting in a competitive bidding process that ended up with a fantastic result for our clients.

“The purchaser is looking to undertake substantial redevelopment of the building for residential use and I am very excited to see how their ambitious plans evolve over the coming months.”