An 'iconic' building on a key route between Nottingham railway station and the city centre is set for a complete transformation after it was the subject of numerous bids – with a hotel one of the uses under consideration.

Nottingham City Council, which owns the 19th century City Buildings in Carrington Street, has received “very strong interest” after putting it on the market with an asking price of up to £4m.

The project is the latest in a line of developments earmarked for Carrington Street, which forms part of the so-called “southern gateway” between the station and intu Broadmarsh.

The 55,000 sq ft City Buildings was built between 1896 and 1897 at numbers 28 to 48 Carrington Street, with part of it also overseeing Canal Street. It was designed by Nottingham architect Gilbert Smith Doughty for J Wright & Sons, in the renaissance revival style, as a speculative development of ground-floor shops and upper-floor warehouse space.

Lorraine Baggs, head of investment for Invest in Nottingham, said: “The City Buildings is one of our most iconic pieces of architecture in the heart of the city centre and crying out to be brought back in to use.

“Therefore it’s not at all surprising it has caught the eye of many investors, being so close to the station hub and intrinsic to the dynamic new developments around the Broadmarsh and southern gateway.

“The amount of significant interest in the buildings echo the level of interest Invest in Nottingham is seeing from investors and occupiers throughout the city.”

Read the full story in the Nottingham Post.

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