2 Victoria St 6,375 sq ft 100% Let Office Property Nottingham NG1 2EX £3,250,000 (£509.80/sq ft) 9.99% Net Initial Yield

This prime freehold mixed-use investment occupies one of the most prominent corner positions in Nottingham’s retail core, fronting both High Street and Victoria Street. The property comprises a highly attractive masonry-built block arranged over basement, ground and three upper floors, with dedicated access to the upper residential accommodation via Bottle Lane. The ground floor and basement are securely let to Watches of Switzerland Company Limited until August 2028, while the upper floors are fully let on ASTs to Nottingham Trent University students, providing 15 beds across five refurbished units for the 2025/26 academic year. Combined, the commercial and residential elements produce a total net income of £345,480 per annum. Nottingham is one of the UK’s strongest regional retailing cities, benefiting from a large and growing population, significant regeneration, and exceptional footfall. The property’s strategic location in the heart of the prime pitch, surrounded by high-profile national retailers, together with future rental reversion and long-term redevelopment potential, make this a compelling opportunity for investors seeking resilient income and value-add potential.