Retail premises for sale

Lower Parliament Street, Nottingham NG1

The property comprises two deep retail units arranged over basement, ground and first floors. The ground floors are used as sales space, with the first floors providing ancillary storage accommodation. The basement is currently vacant and is not demised. A goods lift provides access between the ground and first floors within the Poundland unit. Both units benefit from servicing access to the rear.

The prime retail pitch extends southwards from the Victoria Centre along Clumber Street, High Street and Bridlesmith Gate. The Victoria Centre comprises approximately 985,000 sq ft of retail accommodation and is anchored by major occupiers including John Lewis, H&M, Boots and Next.

Nottingham is the principal commercial and administrative centre of the East Midlands. The city ranks as the 7th largest promis retail destination in the UK, serving a shopping population of approximately 597,000 and a primary catchment population of around 1.04 million.

The city benefits from excellent connectivity, with access provided by three junctions of the M1 motorway. Nottingham also enjoys frequent high-speed rail services to London St Pancras, with journey times from approximately 1 hour 40 minutes.

Lower Parliament Street is a busy thoroughfare throughout the day and evening, benefiting from several major public transport stops that help drive strong footfall. Nearby occupiers include Boyes, Boots, Urban Outfitters, Jollibee, Lloyds Bank and Nationwide.