A development site at the heart of Derby's Student Quarter is being offered for sale.
The 0.31-acre parcel of land, which is located at 36 Agard Street in the city centre, has planning permission for a 142 Bed Student Studio development, providing 50,000 sq.ft. set over 7 levels.
The University of Derby has a significant presence in the immediate area with its centre-piece being the impressive One Friar Gate Square, its School of Law and Social Sciences. Two other campuses, Markeaton Street and Britannia Mill, are located nearby and Agard Street is the home for two existing Halls of Residence at Agard Court and Sir Peter Hilton Court.
"There is no doubt that this is a prime site in the context of its student appeal" said Chris Keogh, Associate Director of Salloway Property Consultants, the agents who have been engaged to sell the site. "Not only are three of the University's campuses and a number of halls on the doorstep, but the city's principal leisure circuit on Friar Gate is just around the corner.
"We have seen renewed confidence in the Purpose-Built Student Accommodation sector, and with the announcement of the University's exciting plans for a new faculty building on the corner of Agard Street and Ford Street, the immediate area has become a hotspot for developers.
"The sale of the 36 Agard Street site certainly presents a wonderful opportunity for a developer and operator to deliver a quality student scheme in an unassailable location."
To register your interest in the development or to receive the particulars please do not hesitate to contact Salloway Property Consultants on 01332 298000 or email firstname.lastname@example.org