17A St James Street Nottingham, NG1 6FH

£ 125,000 pa / 473 - 7,889 sq ft
17A St James Street, Nottingham - Picture 2024-05-14-17-13-19
Use Class

Use Class

E

Size

Size

473 - 7,889 sq ft

GCL have been instructed by Rileys Sports Bar to dispose of their freehold, located at 17a St James Street, Nottingham, NG1 6FH on a sale & leaseback basis.

The property is owned by Rileys Sports Bar and arranged over ground and two upper floors totalling 11,755 sq ft and includes a substantial external terrace to the rear. The ground and first floor is occupied by Rileys Sports Bar and there are two newly renovated vacant 1 bed flats located on the first and second floors which benefit from separate access from St James Street. The property has received significant investment – a 6 month refurbishment of the building completed in June 2023 which involved replacement of the flooring, kitchen, lighting and audio system as well as a significant reconfiguration of the club to improve and enlarge the bar and dining areas.

The property has a prominent position on St James Street, one of Nottingham’s primary destinations for nightlife and is a short walk from Old Market Square in the City Centre.

Accommodation

473 - 7,889 Sq.Ft

Areas
Sq.Ft
Sq.M
Ground Floor Leisure Unit
7,890
733.01
First Floor Leisure Unit
2,874
267
First Floor Apartment
474
44.04
Second Floor Apartment
517
48.03

Financial

Lease Type

Existing Lease

Lease Term

Rileys Sports Bar will leaseback the leisure element of the building at the following terms: FRI Lease, 15 year term,

Rent

£125,000 pa / £11.61psf. Open Market Rent Reviews in years 5 & 10.

About Nottingham

Nottingham

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Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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This was last updated on 23/05/2024