Treasury and Resources announce that Nelson Place is under offer
The Treasury and Resources Department is pleased to announce that Nelson Place in Smith Street, previously the Old Post Office, is under offer. A twelve month option arrangement has been agreed to enable the potential purchaser, Ossory Estates Ltd, to commence negotiations regarding the redevelopment of the site with the Planning Department and potential tenants.
The 20,000 sq foot building commands an important location in Smith Street and it is expected that mainly large retail units will be occupying the redeveloped site .With the recently commenced redevelopment of the old Woolworth site the commercial vitality of St Peter Port is set to improve.
Nelson place has historic importance and the preservation of architectural features particularly the buildings frontage will have to be addressed in a sympathetic manner in any plans put forward for discussion.
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