Nottingham property magnate sparks rebirth of city centre

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Arran Bailey, managing director of ALB

A property company has been acquiring empty retail units in a once vibrant part of Nottingham city centre with the aim of bringing the area back to life.

ALB Group has to date acquired 11 properties in Bridlesmith Gate and a further three units in nearby Lister Gate, including the former Shoezone store.

A combination of Brexit, Covid-19 and the growth in online retail has forced many traders to shut up shop recently.

But Nottingham born Arran Bailey, managing director of ALB, has kick-started a resurgence by snapping up shops that are home to businesses such as designer fashion store 18Montrose, Fred Perry, and Coco Tang café and cocktail bar.

And he is determined to

 link source - Commercial News Media

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