Nottingham City Council will spend £140,000 to remove asbestos from the historic Guildhall in an "essential" step towards its sale and transformation into a hotel. The authority decided on January 31 to approve the funding of the second phase of asbestos removal at the former district heating plant areas situated below the Guildhall and Trinity House, Burton Street, Nottingham.
Phase one of these works has been completed, with a report noting the removal was considered to be essential in enabling the sale of the Guildhall site. Plans for the site to become a hotel were given the go-ahead in August 2020, with a fine-dining rooftop restaurant and spa among the facilities that will be developed there.
Last September, the council said that although the hotel plans were agreed in principle, they are still subject to a Section 106 agreement which will not be agreed until the Guildhall sale is completed. The decision report warned that any problems with the sale would "materially affect the council’s capital programme/debt repayment". The money expected from the sale of the building is said to be significant.
