Property developer ALB Group has acquired 25 Bridlesmith Gate in Nottingham, currently home to fashion brand Joules.
25 Bridlesmith Gate provides a ground floor sales shop of circa 2,500ft² with the ability to create a rear courtyard garden. The upper floors are already vacant but will be redeveloped to provide office or residential accommodation.
Ben Tebbutt, director at BOX Property, says: “This latest acquisition demonstrates ALB’s continued commitment to Bridlesmith Gate.
“Working closely with our clients we have already let the units to the southern end of the street to the likes of Sneakrverse, Stick & Ribbon, Barista Lab coffee shop and the vintage clothing retailer Garms.
“By owning larger parts of the street, we are able to take a very holistic approach to the lettings, in order to create the right mix of retail and leisure uses.”
Chris Ward of Robinson Webster acted on behalf of the vendor.