Talks are taking place on the future of Nottingham's former Debenhams building as the city council says it wants to bring it "back to life" nearly two years on from the department store's closure. A new investment management company has recently taken on the building on behalf of Long Row Properties Limited, a company based in Jersey which has owned the site since 2017.
The company, Longmead Capital, has confirmed that it has approached Nottingham City Council to discuss future proposals for the former Debenhams building. The confirmation that talks are taking place comes amid growing calls for progress on the historic building, but Longmead Capital has warned that drawing up plans for the future will be a "lengthy process".
A spokesperson for Longmead Capital said: "Longmead Capital, the investment managers for the former Debenhams building in Nottingham, have approached the council to discuss potential future proposals for the property. The discussions are at an early stage but given the scale and sensitive nature of the site the process is likely to be lengthy, however the owners and council are keen for the process to involve public consultation once initial thoughts have been developed."
