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Basement And Ground, First and Second Floors, 31 Bridlesmith Gate, Nottingham, Nottingham City

£2,530,000

Size

9,356

Tenure

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EPC

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Parking

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Primary use
High street retail
Other use(s)
High street retail
Frontage
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Floorplan
12

Key features

  • The property provides a term certain of approximately 24.2 years

Description

31 Bridlesmith Gate occupies a prime position on one of Nottingham's premier pedestrianised retail and leisure street. The property forms part of the city's strongest fashion pitch, with nearby occupiers including Reiss and FatFace.

The building is an attractive Victorian unit, with an impressive frontage onto Bridlesmith Gate. The accommodation is arranged over basement, ground, first and second floors, offering well configured trading space with additional ancillary areas. Recent refurbishment has enhanced both the internal specification and the building's period character.

The property is entirely let to Troia (UK) Restaurants Limited (08504201), trading as 'The Ivy', on an FR&I 25 year lease commencing 28 April 2025 and expiring 27 April 2050, without landlord and tenant break options. The rent passing is £175,000 with five-yearly, upward only, rent reviews to OMRV, the first being 28 April 2030.

The property provides a term certain of approximately 24.2 years

Please note that the rent commencement date is 28th July 2026 the vendor will provide a rental top up.
Additional information
Service charge
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Business rates
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Use class
E
Listed building
No
Floors in building
4
Business for sale
No
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Basement And Ground, First and Second Floors, 31 Bridlesmith Gate, Nottingham, Nottingham City

Map showing property location

NEAREST STATIONS

London Tram

Lace Market Tram Stop

0.08 miles

London Tram

Old Market Square Tram Stop

0.15 miles

London Tram

Royal Centre Tram Stop

0.31 miles

About Green & Partners LLP, London

Green & Partners LLP, London

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Disclaimer - Property reference THEIVYNOTTINGHAM. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Green & Partners LLP, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.