BB&J Commercial Announces Sale of Lee House, Old Basford

Former Lace Factory Changes Hands!

BB&J Commercial is pleased to announce the successful sale of Lee House, 10 Alpine Street, Old Basford to Framework Housing Association Ltd.

Previously owned by Fredk. Johnson Lace Ltd, Lee House has been a key part of Nottingham’s lace and textile industry since 1989, providing workspace for various textile and fabric businesses and contributing to the city’s manufacturing heritage. With its industrial legacy coming to an end, Framework Housing Association plans to redevelop the site into 20 self-contained units under the Homes England “Single Homeless Accommodation Programme“.

This development will provide long-term housing solutions for individuals facing severe disadvantage, addressing a crucial gap in the homelessness support system. Designed with safety and community integration in mind, the project will incorporate controlled access and CCTV, ensuring a secure and supportive environment for residents and neighbouring businesses.

Cameron Godfrey, agent at BB&J Commercial responsible for the sale commented: “We received a significant amount of interest in Lee House, but it was clear that Framework’s proposal would deliver lasting benefits to the community. Seeing this historic site repurposed into a development that will positively impact vulnerable individuals is truly rewarding. I extend my best wishes to my client as they move on from Lee House and look forward to seeing Framework Housing Association bring their vision to life, delivering much-needed housing and support to those in need.”

The seller, Neil Johnson, also shared his experience working with BB&J Commercial:
“I would like to say thank you to Cameron and Mark. Your advice was invaluable, and your exposure to the market was surprising. Putting my mind back to the beginning, I think we had five offers in the space of 2 weeks.

In the end our buyer was a very professional outfit, they kept us in the loop all the way to the end.

Good luck with your business looking forward and I would not hesitate in recommending BB&J Commercial to anyone that has a property to sell.”

BB&J Commercial is proud to have facilitated this transaction and looks forward to seeing Framework Housing Association transform Lee House into a space that will provide stability and support to those in need.

For more information on how BB&J Commercial can assist with your property sale, get in touch with our expert team today.

📞 Call us: 01332 292825
📧 Email: commercial@bbandj.co.uk
🌍 Visit our website: www.bbandj.co.uk

Categories:

Quick Search

Most Active Dealmaker in 2018 Winner