Nottingham library sale to bring in £4m
Henry Boot Developments will pay £4m for Nottingham’s Central Library, according to reports.
Nottingham City Council says it is “committed” to spending the money on a new library.
Developer Henry Boot is set to transform Nottingham’s Central Library into a 120,000 sq ft Grade A office scheme after the City Council said that it was offloading the building.
The company is currently in talks with the Council about transforming the 30,000 sq ft, four-storey library into much-needed office space in Nottingham city centre.
Deputy leader of the City Council Graham Chapman is quoted as saying: “The prime aim is not the office space, it’s to renew the library,” he said.
“It’s old and it’s tired and there’s no other way we would have found the money to do it – most councils are closing theirs.”
He added that the Council is “keen” to find a new site for the library as it attracts people to shops in the city centre.