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Land Middle St

2.1 Acres of Commercial Land Offered at £64,700,115 in Beeston NG9 1GA

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Investment Highlights

419 bed PBSA investment opportunity
Cassidy Group are seeking a funding partner on a forward fund or JV basis

The UK’s number 1 Main Contractor, ‘Bowmer & Kirkland’ are on board to start on site late August 2024, to guarantee an opening in summer 2026 to an
They are offering a minimum 8.2% net yield on cost based on today’s rents, by 2026 we anticipate a 16% rental increase which creates a 9.4% net yield

Executive Summary

Cassidy Group present this opportunity to invest in their Station Road Beeston PBSA development. they are seeking a funding partner as part of a forward fund, forward commit or joint venture. The scheme is for 419 student beds along with commercial and amenity space to provide high quality student accomodation in the City of Nottingham.

Cassidy Group Station Road Beeston - 419 PBSA Studios 24-5-24 opening 2026

Property Facts

Price	£64,700,115	Property Type	Land
Sale Type	Investment	Property Subtype	Commercial
Tenure	Freehold	Proposed Use	Apartment Units
No. Lots	1	Total Lot Size	2.10 AC

Price	£64,700,115
Sale Type	Investment
Tenure	Freehold
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Apartment Units
Total Lot Size	2.10 AC

1 Lot Available

Lot

Price	£64,700,115	Lot Size	2.10 AC
Price Per AC	£30,809,579

Price	£64,700,115
Price Per AC	£30,809,579
Lot Size	2.10 AC

The scheme is primed to deliver high quality student accommodation. Mixture of commercial and residential elements to provide a complete and enjoyable living experience for future residents. The site is located in the popular City of Nottingham.

Description

The site is situated at the edge of Beeston Town Centre. It is bounded by Station Rd, Middle St and Styring St. Beeston Tam stop is located adjacent to the site. It is 0.8 miles from the west entrance of the University of Nottingham's main campus. The land is 0.6 miles from Beeston railway station so has excellent connectivity for future residents.

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