Nottingham is the commercial and regional capital of the East Midlands and is ranked 7th of the PROMIS centres nationally by the size of its shopping population.

Communications to the city are excellent, being served by three junctions of the M1 Motorway. There is a fast regular train service to London (St. Pancras) with the fastest journey time of 1 hour 40 minutes, whilst East Midlands Airport is situated 11 miles (18 km) south west from the city.

The city’s resident population is 337,100 and this is projected to rise to 344,200 in 2028 and to 356,100 in 2043 (Nottingham Insight).

Nottingham has the 6th highest tourist spend in the UK estimated at £1.5 billion per annum.

Recent retail lettings indicate increased demand for the location.

Let to the undoubted covenants of Nottingham Building Society, Hutchison 3G UK Limited, Knoops, Waterman Group and Kaplan Financial Limited.

66% of the income is secured to occupiers with an Experian rating of 100/100.

64% of the income is derived from the retail element and 36% from the offices.

WAULT to expiry of 5.8 years and 3.6 years to break.

Freehold.

Offers are invited in excess of £7,000,000 (Seven Million Pounds) subject to contract and exclusive of VAT, which reflects a net initial yield of 10% after allowing for standard purchaser’s costs.