Commercial Property in NG1 available for sale
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Petrol Stations for Sale near NG1, Nottingham

Retail Properties for Sale Near the NG1, Nottingham

More details for 26-28 Market St, Nottingham - Retail for Sale

26-28 Market St

Nottingham, NG1 6HW

  • Retail for Sale
  • £1,950,000
  • 23,186 sq ft

Nottingham Retail for Sale

Prime Investment In The Centre of Nottingham, Freehold Guide Price of £1.95 Million, representing an 8.93% NIY. The property is held freehold (Title number NT12906). Accommodation 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. Tenancy 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. Covenant 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/ Planning 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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More details for 34 Market St, Nottingham - Retail for Sale

34 Market St

Nottingham, NG1 6HW

  • Retail for Sale
  • £800,000
  • 880 sq ft
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More details for 28 Clumber St, Nottingham - Retail for Sale

28 Clumber St

Nottingham, NG1 3GB

  • Retail for Sale
  • £3,500,000
  • 26,528 sq ft
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