BOX Property acquires substantial City Centre mixed use development.

10 September 2024

BOX Property have acquired the substantial and prominent freehold of 3-23 Wheelergate, Nottingham on behalf of Nine Developments. The mixed-use development/investment provides 9 retail/leisure units which will be let out and 4 substantial floors of office space which will be redeveloped into residential accommodation.

?Frankie Labbate, director of BOX Property comments, “We acquired this trophy asset off market for Nine Developments with a clear strategy of reletting the vacant spaces to quality tenants and redeveloping the upper vacant offices into residential accommodation. We are already under offer on all the vacant spaces to interesting operators who will improve the pitch and general vibrancy in the location."