Friday, January 21, 2022

Lace Market office building sold

26-28 High Pavement, in Nottingham’s Lace Market, has been sold in a deal brokered by FHP Property Consultants to developers, D.L Rhodes & Son Ltd.

The building, which provides just over 5,000ft² of accommodation over three floors, retains much of its original charm, including feature parapet, timber sash windows and access to a cave system underneath.

By virtue of its location, it also benefits from a plethora of cultural amenities on its doorstep, including Nottingham Contemporary, The Galleries of Justice, St Mary’s Church, with a wealth of shops, bars/restaurants also in close proximity.

Thomas Szymkiw, of FHP’s Office Department, who agreed the sale, said: “26-28 High Pavement is one of the finest examples of Georgian architecture in the Lace Market with the property standing prominently on the street – additionally boasting fantastic views of St Mary’s Church to the front and over the cliffs to the rear.

“With opportunities of this stature rarely coming to market it was clear that interest in the property was going to be high – and I am very pleased with the outcome for D.L Rhodes & Son Ltd who have acquired a fantastic building in a great location.

“It has also provided the opportunity for us to relocate our clients into a high-quality office refurbishment in close proximity that is more suitable for their needs moving forwards – therefore a great result for all parties involved.”

Nigel Rhodes of D.L Rhodes & Son Ltd said: “The DLR team are delighted to have completed on this beautiful historic building in the heart of the Lace Market. We worked with the previous owners on a completion date suitable to them so they could relocate to new offices which gave us time to look into various alternative uses for this building.”

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