NEW TO MARKET – Flagship Retail Premises For Sale / To Rent in Nottingham City Centre
NEW TO MARKET – Flagship Retail Premises For Sale / To Rent in Nottingham City Centre
Commercial List are pleased to share details of this retail premises that we have recently been instructed to market through our Full Agency service.
Property address – 26-28 Bridlesmith Gate, Nottingham, NG1 2GQ.
Location - This substantial property is located along a bustling thoroughfare in the heart of Nottingham city centre. A short walk from Market Square, the property benefits from excellent connectivity via the Market Square Tram Stop, Nottingham Train Station, Broadmarsh Bus Station, and convenient access to major road networks such as the M1, A60 and A52. Bridlesmith Gate has a footfall in excess of 20,000 pedestrians per day and is home to a number of large fashion, jewellery and accessory retailers including The Ivy, Cafe Nero, Kavani, 18 Montrose, Fred Perry, White Stuff, Cornish Bakery Co and Goldsmiths.
Nottingham is a vibrant city in the East Midlands with a population of circa 331,000 and is located approximately 110 miles north of London, 33 miles south of Sheffield and 45 miles north-east of Birmingham.
Description - This flagship retail premises is of traditional brick construction and occupies a prominent position along Bridlesmith Gate within Nottingham city centre. The accommodation is arranged over three floors, providing a spacious open-plan retail sales area across the ground and first floors, together with W.C facilities. The second floor provides a range of office / storage accommodation, offering flexible ancillary space to support a variety of business operations.
Accommodation – The total net internal floor area is circa 491.73 sq m (5,293 sq ft)
Terms - The property is FOR SALE freehold with vacant possession, we are inviting offers in excess of £1,500,000 plus VAT. The vendor would consider renting the property for offers in excess of £150,000 plus VAT per annum. Please contact the agent for further information.
Nottingham is the largest retail centre in the East Midlands with approximately 708,000 sq m of retail floorspace and provides approximately 78,000 jobs. The city centre benefits from a substantial regional catchment with a diverse mix of national retailers, independent businesses, leisure and hospitality operators, creating strong demand for retail property, shops and commercial premises. Despite the challenges facing UK high streets, Nottingham recorded a high-street vacancy rate of around 11.7% across the past 12 months which is the lowest among the major cities in the East Midlands. Continued regeneration, residential development and investment across the city centre is supporting Nottingham's role as a major retail and commercial destination, making it an attractive location for businesses looking for retail units to let, shops to rent and commercial property to buy in Nottingham.
Please contact us on 0115 784 3525 or enquiries@commerciallist.co.uk if you require any further information or wish to view this property.
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When you need to advertise your commercial property for sale or to rent, our experienced team ensures maximum exposure for your listing by advertising on major platforms including Rightmove, Zoopla, Gumtree, our in-house website along with our socials. Whether you’re looking to market industrial property in London, offices near Nottingham, or retail units in Edinburgh, we help property owners achieve the best possible results through our pro-active, modern and cost-effective approach.