Retail in Lutterworth available for sale
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Retail Properties for Sale near Lutterworth, UK

Retail Properties for Sale Within 5 miles of the Lutterworth, UK

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

26-28 Market St

Nottingham, NG1 6HW

  • Retail for Sale
  • £1,900,000
  • 23,196 sq ft

Nottingham Retail for Sale

Offers in the order of £1,900,000 are invited for the benefit of our clients freehold interest. A sale at this level would reflect a net initial yield of 8.67%. Description 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. Tenure 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 now let to NEOS 26 Ltd 16965866 T/A Revolucion De Cuba Nottingham on a 25 year FRI lease from 26th August 2015 to 28th August 2043 with a break on 27th August 2032. The rent passing has been regeared following Neos Hospitalities acquisition of Revel Collection to £175,000pa and is subject to five yearly rent reviews on an upward only basis in line with RPI, with a collar and cap of 1 and 3%. Local information 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.

Contact:

Savills

Property Subtype:

Bar

Date on Market:

08/04/2025

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More details for 361-363 Carlton Hl, Nottingham - Retail for Sale

361-363 Carlton Hl

Nottingham, NG4 1HW

  • Retail for Sale
  • £425,000
  • 3,258 sq ft
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More details for 97 Victoria Rd, Netherfield - Retail for Sale

97 Victoria Rd

Netherfield, NG4 2NN

  • Retail for Sale
  • £180,000
  • 454 sq ft
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More details for 99 Derby Rd, Nottingham - Retail for Sale

99 Derby Rd

Nottingham, NG1 5BB

  • Retail for Sale
  • £390,000
  • 5,190 sq ft
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More details for 34 Market St, Nottingham - Retail for Sale

34 Market St

Nottingham, NG1 6HW

  • Retail for Sale
  • £775,000
  • 880 sq ft
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FAQs About Retail Property For Sale in Lutterworth

See All Retail Spaces For Sale
How many retail properties are currently available for sale in Lutterworth?
There are currently 0 retail properties available for sale. Sizes range from to , with an average size of. Available opportunities may include high street shops, retail units, shopping centre space, neighbourhood parades and mixed-use investments.
How much does retail property cost in Lutterworth?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Values are influenced by factors such as location, footfall, tenant strength, lease terms and the overall condition of the property.
What factors influence retail property values?
Location is often the most important factor, alongside footfall levels, tenant quality, lease length, rental income, nearby occupiers and local market conditions. Properties with strong trading locations and established tenants may attract greater investor demand.
What sizes of retail property are available?
Available properties range from to , with an average size of. Opportunities may suit independent retailers, owner-occupiers, investors and larger multi-site operators.
What are the benefits of investing in retail property?
Retail property can provide long-term rental income and the potential for capital growth. Well-located assets with established tenants may offer predictable income streams, while properties with redevelopment or alternative-use potential can provide additional opportunities for value creation.
What risks should I consider before buying?
Potential risks include tenant vacancy, changing consumer behaviour, local competition, economic conditions and shifts in retail demand. Understanding the strength of the location and the sustainability of rental income is an important part of any acquisition decision.
How does lease length affect investment performance?
Longer leases can provide greater income certainty, while shorter leases may offer opportunities for rent growth or repositioning. Investors should review rent review provisions, break clauses and tenant obligations when assessing an asset.
What types of tenants occupy retail property?
Retail occupiers can include national retailers, convenience stores, restaurants, cafés, health and beauty businesses, service providers and independent operators. The mix of tenants can influence both investment performance and future demand.
Can a retail property be used for other purposes?
Many retail premises fall within Use Class E, which may allow a degree of flexibility between retail, office, hospitality, health and other commercial uses. However, any proposed change of use should be confirmed with the local planning authority.
What due diligence should I carry out before buying?
Buyers should review leases, tenant covenant strength, service charge arrangements, planning permissions, title documents, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax (SDLT), legal fees, surveys, finance costs, insurance and any refurbishment or maintenance works that may be required.

Discover More Retail Properties for Sale in the Lutterworth, UK

With 0 retail units currently available for sale in Lutterworth, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in Lutterworth, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in Lutterworth, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in Lutterworth can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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