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View News ArticleA historic pub in St Ann's that was the subject of a failed "asset of community value" application attempt is up for sale – and could be turned into flats.
The Mechanics Arms, in Alfred Street North, is on the market with a guide price of £190,000 with newly-formed property auction house Auction Estates.
It has been promoted with the option of continuing to let the pub to tenants or redevelop it into new homes.
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View News ArticleNottingham's latest auction house has settled into a new office – as the man leading it says he believes it can rival other city firms.
Auction Estates, which forms part of property investment firm ALB Group, has been set up by Paul Giles and will concentrate on residential and commercial property auctions.
It launches this week after the new company moved into its own base, in Regent Street, within the professional quarter.
Mr Giles, who previously led Savills' commercial auction team, said: "It's vital for us to have an office here so we can be at the heart of the best street in the professional quarter.
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View News ArticleBack in June The Telegraph speculated that house prices would fall 5pc nationwide and tumble even further in London as worried home owners back out, amid the uncertainty that the vote to the EU has created.
Since then, the market sentiment from both agents and solicitors has proved that this was indeed just a short blip with confidence from buyers now surging.
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View News ArticleThe former head of Savills' commercial auction team in Nottingham has joined a rival firm – where he will lead a new part of the business.
Paul Giles will now help set up Auction Estates, a new auction house that forms part of city property investment firm ALB Group.
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