Mega deal for NG as student accommodation agent expands in Nottingham

Austen Fletcher (lettings manager at Megaclose) and Sunny Landa (director at NG Chartered Surveyors)

Commercial property specialists NG Chartered Surveyors have brokered a deal to let another former Coral unit – this time to a fast-growing student accommodation letting agency and management company.

Megaclose is expanding in Nottingham after taking the 3,228 sq ft unit at 181-183 Mansfield Road in a deal sealed by Sunny Landa, director at NG, on behalf of the GVC Group.

The expansion for Megaclose comes after a £45m deal was landed by Student Roost last October to bring forward a 472-bed scheme at York House on Mansfield Road – directly opposite the new Megaclose premises.

The development will add to Student Roost’s existing portfolio of three properties in the city.

Sunny said: “It was a real coup for us to be instructed by Ladbrokes to dispose of their properties and we’ve had great success.

“Mansfield Road is an up-and-coming area and the new York House scheme will add vibrancy to the area. We’re delighted to help a company such as Megaclose expand; they have built up a fantastic reputation within the Nottingham student accommodation market, and this completes a very satisfying deal for our landlord client.”

Ryan Fairfield at GVC said: “This deal represents a great start to our relationship with NG as they assist in our on-going project to dispose of surplus assets across the region.”

Austen Fletcher from Megaclose said: “We are delighted to have purchased another property in this popular student area, as a company we are continually looking for new properties to add to our portfolio.”