Leading commercial property agents from a range of firms across the West Midlands attended a breakfast event to find out more about Nottingham’s newest high-quality office scheme – in a market where Grade A space is in extremely high demand.
The plan for brand new, much-sought-after Grade A offices in Nottingham city centre, at 11 Station Street, was officially unveiled by Nottingham’s award-winning urban developers, Bildurn, last month. Since then there has been a constant stream of interest from agents interested in hearing more about the plans.
Bildurn and property advisors JLL, who are representing the scheme, held a breakfast event in Birmingham city centre to launch the scheme to top agents who work across the West and East Midlands. The event gave agents the chance to ask questions about the scheme which will offer 50,000 sq ft of flexible office space purpose built to the BREEAM “Excellent” standard and EPC “A” rating.
Managing Director at Bildurn Sean Akins said: “We were pleased to see so much interest in 11 Station Street at our Birmingham breakfast as we know agents in the city are seeing increased demand for Grade A office space across the East Midlands, particularly in Nottingham. The agents were very pleased to hear that this development plans to take office space in Nottingham to a new level of quality and were impressed by the location.
“Situated close to the entrance to Nottingham’s train station, which has recently had a multi-million pound refurbishment, 11 Station Street is also at the very centre of the city’s world-class tram network in the Southside area. The agents said this was an ideal location for businesses reliant on sleek transport connections who were looking for a well-connected base in the Midlands.”
Director at JLL James Keeton added: “The Birmingham breakfast was very well attended, with guests keen to hear more about the timing, scale and location of the scheme.
“We had some very positive feedback. Some of the agents discussed how they recognised the need for Grade A space within Nottingham and how they were anticipating demand for it increasing this year and next. Others commented on the positive news that Bildurn’s requirement for this scheme is a part pre-let.
“We also discussed what else was happening in Nottingham, including how the office refurbishment market success has contributed towards a growth in rents and how take up is improving. The agents feel that there are some exciting office enquiries in Nottingham at the moment, but limited good quality stock – and they were enthused that 11 Station Street would offer a solution to this problem.”
The scheme has been designed to appeal to a variety of businesses or one sole occupier looking for a new base in Nottingham. Businesses which move in to the new development will have global brands on their doorstep, such as Capital One and Ikano, and will be just a stone’s throw away from the bustling heart of the city.
The office space which faces the new pedestrianised area on Station Street will offer secure basement parking and cycle storage, 24-hour access, electric car charging points and high quality contemporary finishes as well as backing on to a waterway aspect. The building will also feature a roof garden – which would be one of Nottingham’s first dedicated office developments to offer a roof terrace for employees overlooking the city.
Following a previous development brief, a detailed planning application is expected later this year before building work commences.
Privately owned and based in Nottingham, Bildurn has experience in developing commercial and mixed-use schemes, both new build and refurbishment, for a range of occupiers. Notable Bildurn schemes in the city include The Pod, Lace Market Square and 1-9 Bridlesmith Gate.
