Plans to transform a former bank in Mapperley into a restaurant, bar, apartments and a retail unit have been approved.
Hillcrest Properties has secured planning permission for a 4,000 sq ft restaurant and bar, four apartments, four offices and a 1,000 sq ft retail unit on the site of the former Lloyds TSB Bank at 31 Plains Road.
Landa Associates has now been tasked with finding an operator for the restaurant, as well as tenants for the accompanying first floor offices and ground floor retail space.
Sunny Landa, director at Landa Associates who will be leading the marketing, said: “This scheme is yet to hit the market, but we are already being inundated with interest from major operators.
“Demand for these sorts of properties located in affluent areas is at an all-time high.
“We are confident that the prestigious location, coupled with the ambitious plans our client has for the development, will stimulate economic growth and job creation.”
Work is scheduled to commence over the coming weeks and the units will be available to rent in the autumn.
