Investment News

FHP acting on behalf of off-shore investors have completed the sale of an island site on Lower Parliament Street to Nottingham City Council.

The site which currently comprises a car wash, car park and vacant industrial building abuts Pennyfoot Street and BioCity, whilst fronting the busy Lower Parliament Street in Nottingham.

David Hargreaves who acted on behalf of the vendor confirmed that the site is to be developed to provide an extension to BioCity for which Government funding has been secured by the Council.

A price of £1.5 million was secured.

FHP acted on behalf of the Vendor, Claremont Property Holdings, with Nottingham City Council’s Property Team acting on behalf of the Council.