Wilford Lane Developments Limited (WLDL) – the joint venture between Kuwaiti developer/investor Salhia Real Estate Co KSC and Simons Developments – has sold the commercial element of its West Bridgford mixed-use scheme in Nottingham to Quora for almost £4m. The 41,000 sq ft scheme is pre-let to Lidl, which will move into 21,000 sq ft food store, a 10,000 sq ft PureGym and 1,800 sq ft Starbucks. Around 7,500 sq ft remains available. The build is underway and scheduled for completion in the Autumn. Frank Gillespie of WLDL said: “This sale concludes the first phase of our strategy for the site, having added considerable value through the planning process and a highly successful pre-letting campaign. We will shortly be bringing the residential element of the scheme to the market.” Colliers International acted for WLDL on the sale and were joint letting agents with McMullen RE.
• 10 Feb, 2021
