Offers in region of
£2,900,000
(£881.46/sq. ft)
Retail premises for sale16 Lower Parliament Street, Nottingham NG1
From 3,290 - 31,101 sq. ft
EPC Rating: C
Freehold
About this property
Prime City Centre Location
Adjacent to Major Retail Anchors
Established Retail Infrastructure
Excellent Servicing Access
High-Footfall Location
Extensive Catchment Population
Description
The property comprises two deep retail units arranged over basement, ground and first floors. The ground floors are used as sales space, with the first floors providing ancillary storage accommodation. The basement is currently vacant and is not demised. A goods lift provides access between the ground and first floors within the Poundland unit. Both units benefit from servicing access to the rear.
The prime retail pitch extends southwards from the Victoria Centre along Clumber Street, High Street and Bridlesmith Gate. The Victoria Centre comprises approximately 985,000 sq ft of retail accommodation and is anchored by major occupiers including John Lewis, H&M, Boots and Next.
Location
Nottingham is the principal commercial and administrative centre of the East Midlands. The city ranks as the 7th largest promis retail destination in the UK, serving a shopping population of approximately 597,000 and a primary catchment population of around 1.04 million.
The city benefits from excellent connectivity, with access provided by three junctions of the M1 motorway. Nottingham also enjoys frequent high-speed rail services to London St Pancras, with journey times from approximately 1 hour 40 minutes.
Lower Parliament Street is a busy thoroughfare throughout the day and evening, benefiting from several major public transport stops that help drive strong footfall. Nearby occupiers include Boyes, Boots, Urban Outfitters, Jollibee, Lloyds Bank and Nationwide.
The property comprises two deep retail units arranged over basement, ground and first floors. The ground floors are used as sales space, with the first floors providing ancillary storage accommodation. The basement is currently vacant and is not demised. A goods lift provides access between the ground and first floors within the Poundland unit. Both units benefit from servicing access to the rear.
The prime retail pitch extends southwards from the Victoria Centre along Clumber Street, High Street and Bridlesmith Gate. The Victoria Centre comprises approximately 985,000 sq ft of retail accommodation and is anchored by major occupiers including John Lewis, H&M, Boots and Next.
Location
Nottingham is the principal commercial and administrative centre of the East Midlands. The city ranks as the 7th largest promis retail destination in the UK, serving a shopping population of approximately 597,000 and a primary catchment population of around 1.04 million.
The city benefits from excellent connectivity, with access provided by three junctions of the M1 motorway. Nottingham also enjoys frequent high-speed rail services to London St Pancras, with journey times from approximately 1 hour 40 minutes.
Lower Parliament Street is a busy thoroughfare throughout the day and evening, benefiting from several major public transport stops that help drive strong footfall. Nearby occupiers include Boyes, Boots, Urban Outfitters, Jollibee, Lloyds Bank and Nationwide.
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£14,507 per month
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