12 St James's Street, Nottingham, NG1 6FG
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- A rare opportunity to acquire a freehold investment property comprising ground floor casino with an office on the upper floor
- Situated in the heart of Nottingham City Centre on St James's Street
- Total Current Rent Reserved of £34,500 pa
Description
For Sale by Public Auction on 20/08/2026 at Nottingham Racecourse, Colwick Park, Nottingham NG2 4BE
£400,000 TO £450,000
Located in the heart of Nottingham City Centre
Situated in a prominent position on St James's Street
St James's Street is a sought-after location
Just off the renowned Old Market Square
On a busy thoroughfare with high levels of footfall
Nearby occupiers: Wetherspoons, Icon, McDonald's, Tesco etc
A short walk to the Old Market Square Tram Stop
GF is let on a 15-year lease dated 5.11.2025 to Luxury Leisure at a rent of £25,000 pa
Comprising open plan trading areas, staff kitchen, toilets & store room (VOA 1,450 sq ft)
Upper Floor office is let on a 10-year lease dated 14.09.2007 at a rent of £9,500 pa (Holding over)
Rent review to awaiting signature at £15,000 pa
Comprising an open office room, kitchen & staff toilets
Total Current Rent Reserved of £34,500 pa
An ideal investment opportunity
Viewings
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Brochures
12 St James's Street, Nottingham, NG1 6FG
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Old Market Square Tram Stop0.1 miles
- Royal Centre Tram Stop0.1 miles
- Lace Market Tram Stop0.3 miles
Notes
Disclaimer - Property reference 357221. 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 Auction Estates Ltd, Nottingham. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction Estates Ltd, Nottingham on 0115 647 1710.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”