Commercial Property in Strelley available for sale
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Commercial Properties for Sale near the Strelley, Nottingham

Commercial Properties for Sale Within 5 miles of the Strelley, Nottingham

More details for Whitebeam Gdns, Nottingham - Land for Sale

Whitebeam Gdns

Nottingham, NG6 7DE

  • Land for Sale
  • £52,000
  • 0.10 ac Plot
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More details for Land for Sale

82 Brooksby Lane

Nottingham, NG11 8HB

  • Land for Sale
  • £2,800,000
  • 10.50 ac Plot
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More details for 26-28 Market St, Nottingham - Retail for Sale

26-28 Market St

Nottingham, NG1 6HW

  • Retail for Sale
  • £2,000,000
  • 23,186 sq ft

Nottingham Retail for Sale

The property is located in the city centre of Nottingham, on Market Street, just south of Nottingham Trent University and east of the University of Nottingham, which together have a student population of over 60,000. It sits approximately 50 yards from the Theatre Royal and Royal Concert Hall, a major cultural venue with a combined capacity of 3,634 and year-round footfall. It is also close to The Cornerhouse, a popular leisure complex featuring a multi-screen cinema, bars, and restaurants. The site benefits from excellent connectivity, positioned on Nottingham’s main tram line. Revolution is situated in the heart of the leisure circuit in Nottingham with nearby operators including Be at One, Cosy Club, Lloyds No.1 Bar (JD Wetherspoon), The Loxley (Stonegate) and a number of independent bar and restaurant operators. Prime Investment In The Centre of Nottingham, Freehold Guide Price of £2 Million, representing an 8.7% NIY The five storey terrace building is arranged over lower ground, ground, first, second and third floors with exposed stone and brick elevations beneath a multi pitched tiled roof. Freehold public house investment Entire property let to Revolucion De Cuba Limited with The Revel Collective Plc as Guarantor Property arranged over four levels extending to 23,186 sq ft (2,154 sq m) Current Rent of £185,000 per annum Rent review in 28 August 2025 Lease expiring 2043 Recent tenant investment of £150,000 Low Capital value rate of £86.25per sq.ft The rent is subject to 5 yearly rent reviews in line with open market rent. Offers in excess of £1,950,000 (8.93% NIY) based upon the rent passing of £185,000pa The property is held freehold (Title number NT12906) Cellar - The cellar comprises multiple storage rooms, a beer store, and a reserved stock area, ideal for back-of-house operations and inventory management. Lower Ground Floor - The lower ground floor offers further storage and preparation areas and features a commercial kitchen. This level also includes multiple male and female toilet facilities, as well as a staircase providing access to the upper floors. Ground Floor - The ground floor is split into two main sections. The primary area is a large open-plan space with a main bar running along one elevation, complemented by a spacious hall with high ceilings and multiple access points. The secondary area includes an additional room fitted with fixed booths and a disabled toilet. First Floor - The first floor features two bars, fixed seating throughout, and additional male and female toilet facilities. Second Floor - This level consists of several rooms of varying sizes, currently used as back of house for office, meeting and storage space. Third Floor - Again this space provides back of house accommodation and provides additional rooms including dedicated space for utilities and tanking system. Freehold. The property is let to Revolucion De Cuba Limited with guarantee from Revolution Bars Group PLC on a 25 year FRI lease from 26th August 2015 to 28th August 2043 with a break on 27th August 2032. The rent passing is £185,000 p.a. and is subject to five yearly rent reviews on an upwards only basis in which are reviewed based on an open market rent. The Revel Collective Plc, formerly known as Revolution Bars Group Plc, is a prominent operator of premium bars and pubs across the United Kingdom. Established in 1991, the company has grown to encompass approximately 60 venues, employing around 2,300 individuals nationwide. In 2024, the company rebranded to The Revel Collective Plc, reflecting its expanded portfolio and diversified offerings. The group's estate comprises 62 sites, including 22 Peach Pubs, 15 Revolución de Cuba bars, 27 Revolution bars, and one Founders & Co. location. Website - https://www.therevelcollective.com/ This property is a Grade II listed building (1254782) and within the Nottingham Conservation Area.

Contact:

Savills

Property Subtype:

Bar

Date on Market:

08/04/2025

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FAQs about Commercial Properties For Sale in Strelley

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How many Commercial Property listings are available for sale in Strelley?
There are currently 0 Commercial Properties available for sale near Strelley. These Strelley Commercial Property listings have an average size of. The largest available listing in Strelley is. The thriving commercial centre and excellent transport links in Strelley make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Strelley?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Strelley currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Strelley?
There is a diverse range of commercial properties available in Strelley to suit various business needs. Strelley offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 0 Strelley commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Strelley, Nottingham

Market Overview for Commercial Properties in Strelley

Key information for Commercial Properties investors in Strelley and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Ilkeston £31 20,773 sq ft
Long Eaton £73 11,136 sq ft
Heanor £82 26,088 sq ft
Underwood £107 2,090 sq ft

Rental Price Trends in Strelley

The price per square foot range for Commercial Properties in Strelley and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Ilkeston £31 £31 £31
Long Eaton £4 £73 £141
Heanor £43 £82 £131
Underwood £107 £107 £107

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Strelley area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Ilkeston 5,957 sq ft 20,773 sq ft 31,869 sq ft
Hucknall 280,000 sq ft 280,000 sq ft 280,000 sq ft
Long Eaton 1,560 sq ft 11,136 sq ft 36,754 sq ft
Heanor 1,782 sq ft 26,088 sq ft 56,014 sq ft
Underwood 2,090 sq ft 2,090 sq ft 2,090 sq ft

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