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Victoria Centre Lower Parliament St 860 SF of Assignment Available in Nottingham NG1 3QN

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ASSIGNMENT HIGHLIGHTS

  • Ground floor lock up shop
  • Car parking available
  • Operates as a bank

SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • TYPE
  • Ground, Ste 27
  • 860 SF
  • Sep 2024
  • $270.34 CAD/SF/YR $22.53 CAD/SF/MO $232,489 CAD/YR $19,374 CAD/MO
  • TBD
Space Use
Retail
Condition
Full Build-Out
Availability
Now

The property is held on a 10 year lease set to expire 08/09/2024. The Landlords are open to having a discussion on a new lease basis. (subject to applicant). Passing rent of £125,000 pax. The premises operates as a bank and is effectively a ground floor lock up shop.

  • Use Class: E
  • Assignment space available from current tenant
  • Fully Built-Out as a Bank
  • Located in-line with other retail
  • Secure Storage
  • Nearby national retailers
  • Situated on prime lower level
  • Footfall of over 23 million visitors per year
Space Size Term Rental Rate Rent Type
Ground, Ste 27 860 SF Sep 2024 $270.34 CAD/SF/YR $22.53 CAD/SF/MO $232,489 CAD/YR $19,374 CAD/MO TBD

Ground, Ste 27

Size
860 SF
Term
Sep 2024
Rental Rate
$270.34 CAD/SF/YR $22.53 CAD/SF/MO $232,489 CAD/YR $19,374 CAD/MO
Rent Type
TBD
Space Use
Retail
Condition
Full Build-Out
Availability
Now

The property is held on a 10 year lease set to expire 08/09/2024. The Landlords are open to having a discussion on a new lease basis. (subject to applicant). Passing rent of £125,000 pax. The premises operates as a bank and is effectively a ground floor lock up shop.

  • Use Class: E
  • Assignment space available from current tenant
  • Fully Built-Out as a Bank
  • Located in-line with other retail
  • Secure Storage
  • Nearby national retailers
  • Situated on prime lower level
  • Footfall of over 23 million visitors per year

Service Types


The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.

1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.

2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.

3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.

4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.

PROPERTY FACTS

Total Space Available 860 SF
Property Type Retail
Gross Leasable Area 1,180,793 SF
Total Land Area 11.29 AC
Year Built/Renovated 1972/2015

ABOUT THE PROPERTY

The premises operates as a bank and is effectively a ground floor lock up shop. The property is situated on the prime lower level location of the 1 million sq ft Victoria shopping Centre, with a footfall of over 23 million visitors per year. The Victoria shopping Centre is the main retail area for Nottingham city Centre, with other retailers such as John Lewis, Boots and Next.

  • Bus Line
  • Dedicated Turn Lane
  • Property Manager on Site
  • Restaurant
  • Security System
  • Roof Terrace
  • Storage Space
  • Air Conditioning
  • Listing ID: 27855122

  • Date on Market: 2023-03-01

  • Last Updated:

  • Address: Lower Parliament St, Nottingham NG1 3QN

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