Developer to bring forward £10m West Bridgford scheme

A long-derelict site in the Nottigham suburb of West Bridgford has been sold.

Savills, on behalf of ALB Investments has sold the freehold of Bridgford Point on Lady Bay Bridge in West Bridgford to BSP Holdings.

The 50,000 sq ft site has planning permission for a four-storey apartment complex with up to 32 two bed and 16 one bed apartments, plus secure car parking.

Victor Ktori, head of office at Savills Nottingham, said: “The site provided the purchaser with a rare opportunity to acquire a prime development site in a highly sought after location. With the relevant planning permission already in place, BSP Holdings is now set to use the development land to deliver the outlined high-end residential scheme.”

Nigel Singh, director of BSP Holdings, adds: “Demand for residential apartments in West Bridgford continues to be strong. This prominent site gives us the opportunity to create a gateway scheme with an anticipated value of over £10m.”