Se Connecter/S’inscrire
Votre courriel a été envoyé.
26-28 Market St 23 186 pi² Commerce de détail Immeuble Nottingham NG1 6HW 3 645 698 $ CAD (157,24 $ CAD/pi²) 8,93% Taux de capitalisation
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Freehold public house investment.
- Property arranged over four levels extending to 23,186 sq ft (2,154 sq m).
- Rent review in 28 August 2025.
- Recent tenant investment of £150,000.
- The rent is subject to 5 yearly rent reviews in line with open market rent.
- Entire property let to Revolucion De Cuba Limited with The Revel Collective Plc as Guarantor.
- Current Rent of £185,000 per annum.
- Lease expiring 2043.
- Low Capital value rate of £84.07 per sq.ft.
- Offers in excess of £1,950,000 (8.93% NIY) based upon the rent passing of £185,000pa.
Résumé de l'annonce
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.
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.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Ancienneté
Pleine propriété
Sous-type de propriété
Bar
Taille du bâtiment
23 186 pi²
Classe d’immeuble
B
Année de construction
1990
Prix
3 645 698 $ CAD
Prix par pi²
157,24 $ CAD
Taux de capitalisation
8,93%
Revenu net d’exploitation
325 561 $ CAD
Location
Unique
Hauteur du bâtiment
5 étages
Coefficient d’occupation des sols de l’immeuble
3,98
Taille du lot
0,13 AC
Façade
40’ sur Market St
Commodités
- Ligne d'autobus
1 1
Principaux détaillants à proximité
1 de 7
Vidéos
Visite extérieure 3D Matterport
Visite 3D Matterport
Photos
Vue depuis la rue
Rue
Carte
1 de 1
Présenté par
26-28 Market St
Vous êtes déjà membre? Connectez-vous
Hmm, il semble y avoir eu une erreur lors de l’envoi de votre message. Veuillez réessayer.
Merci! Votre message a été envoyé.
Votre message a été envoyé !
Activez votre compte LoopNet dès maintenant pour suivre les propriétés, recevoir des alertes en temps réel, gagner du temps sur vos demandes futures et bien plus encore.