On 15 June, BB&J Commercial advertised a rare student development opportunity on Slack Lane. Within two days, a deal was agreed. Now, the deal has been completed within the space of a few short weeks.
Mark Richardson, Partner at BB&J Commercial, had taken lead on the disposal of this prominent city-centre site. The site benefits from planning consent for the new student development, which compromises 44 rooms split into 9 apartments, over 3 floors.
Mark Richardson commented, “I was absolutely delighted to firstly get a sale agreed on the site within a few days of marketing, and then to get the deal completed within a few short weeks. It has been one of the smoothest transactions I have known. The speed of the deal and all party’s commitment to seeing it through so quickly not only demonstrates the strong demand for student accommodation close to the expanding University of Derby in the city centre, but the underlying strength in the land market in general.”
“We have other exciting land opportunities shortly coming available so register your interest with us, and please do get in touch if you have land to sell.”
We are really pleased to have another deal completed and hope for many more to come.
To enquire about any commercial property or land, please contact 01332 292825 or commercial@bbandj.co.uk.
