Scotts are pleased to report the sale of Hanover House on Alfred Gelder Street. The building, with a total floor area of 4,983 sq ft, has been acquired by a local developer on an unconditional basis with proposed plans for the property to be converted into 11 individual apartments. The proposals reflect the on-going demand for similar conversion schemes, for city centre living and add further support to central businesses including retail and hospitality.
Will O'Brien, Surveyor, commented “we wish the purchaser every success with their proposed development, and we look forward to seeing the accommodation fully occupied. The sale of this building reflects a wider trend for office space being converted into residential which includes our adjacent for offices on Alfred Gelder Street. As a practice, we continue to receive more enquiries for city centre freeholds.”
If you have a property to sell, contact Scotts Property LLP 01482 325634 to speak to a specialist there.
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