Acting on behalf of long time neighbours and valued Client Talbot and Muir, Musson Liggins has completed a successful disposal of their former premises on Clarendon Street as they move to a new larger headquarters on Maid Marion Way.
Matthew Liggins negotiated the deal with new owners Kexgill, and once their planning application for a Change of Use (under application number 19/00999/PFUL3) was approved by Nottingham City Council in August, the paperwork was exchanged and completed in quick succession. Matthew comments “both our Client Vendor and the new purchaser are very pleased with the outcome achieved here. I am looking forward to seeing how the works progress over the coming months as Kexgill commence converting these beautiful Listed Georgian properties into residential accommodation”
After 40 years providing student accommodation in the UK, Kexgill are now the largest private owner of student houses and halls in the country. This new acquisition is the second located on Clarendon Street having converted 21 Clarendon Street from offices to 10 student apartments in 2018.
Area Manager for Kexgill Luke Gwinnett says the team are “looking forward getting started on what we hope will be a relatively smooth and straight forward conversion process. Above all, we are excited to be able to offer even more high quality accommodation to the vibrant student community of Nottingham.”
The student population in Nottingham across both of its award winning universities surpasses 65,000 per academic year and as such the development of modern affordable student accommodation has proved attractive and lucrative for developers. Just last month The Unite Group, a specialist developer of student accommodation, exchanged contracts on the purchase of a new 620-bed development site in Nottingham.