Summary
| Property Type | Retail |
| Tenure | For Sale |
| Size | 4,144 sq ft |
| Price | Offers in the region of £450,000 |
| Rates Payable | Upon Enquiry |
- New Build Mixed Use Scheme in Nottingham's Trent Bridge Quarter
- Let on a Straight 15 Year Lease to Strong Pilates Nottingham Ltd from October 2025
- Headline Rental of £42,500 Per Annum Exclusive
- Attractive, Long Income from a Recognised, Nataional Brand
- Offers in the Region of £450,000 Exclusive
About
The property comprises a high-quality, ground floor commercial unit, currently fitted out and occupied as a specialist Pilates and fitness studio.
The accommodation has been comprehensively fitted to a modern specification and provides an impressive reception and customer waiting area to the front, incorporating a bespoke reception desk, merchandise display area and contemporary finishes throughout. Beyond the reception is a substantial open-plan Pilates studio, presently arranged with a range of specialist reformer equipment and benefiting from extensive mirrored walling.
Internally, the premises provide a particularly striking and professional environment, with suspended ceilings incorporating recessed lighting, comfort cooling, contemporary floor finishes and modern decorative treatments. The predominantly open-plan configuration provides a spacious and flexible studio environment, supplemented by ancillary accommodation and welfare facilities.
Location
The property forms part of the highly successful Trent Bridge Quays development, a landmark mixed-use scheme positioned on the south bank of the River Trent.
Trent Bridge Quays occupies a prominent & well-connected location, immediately adjacent to Notts County Football Ground & within close proximity to Trent Bridge Cricket Ground and Nottingham Forest Football Ground.
The location is within close proximity of Nottingham City Centre, which lies approximately 1 mile to the north. The area has undergone significant regeneration in recent years & now comprises a vibrant mix of residential, leisure, office, & commercial occupiers, creating a strong & sustainable trading environment.
The property benefits from excellent transport connectivity. Nottingham city centre is easily accessible by foot, cycle, & public transport. Nottingham Railway Station is located approximately 0.8 miles away, providing direct services to London St Pancras, Birmingham, & other major regional centres.
Road communications are strong, with convenient access to the A60, A6011, & the Nottingham ring road, providing swift links to the A52, A453, & the wider regional motorway network, including the M1.
Mainline Stations
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Nottingham11 mins
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Netherfield52 mins
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Carlton56 mins
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Beeston64 mins
Underground Station
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Chesham1704 mins
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Amersham1745 mins
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Chalfont and Latimer1763 mins
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Chorleywood1790 mins
Downloads
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Further Information
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Tenancy Details
The property is let to Strong Pilates Nottingham Ltd on a 15-year lease from 17 October 2025 to 16 October 2040, subject to a 12-month rent-free period with rent commencing 17 October 2026.
The rent then rises on a stepped basis from £35,000 per annum to £42,500 per annum by the fourth year, before reverting to RPI-linked reviews at the fifth and tenth anniversaries. -
Pricing
Offers in the region of £450,000 are sought reflecting a Net Initial Yield at 9.15% based on the headline rental and a low capital value of £108 ft2.
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VAT
Applicable. however, it is envisaged the transaction will be dealt with as a TOGC.
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Legal Costs
Each party are to be responsible for their own legal and professional fees incurred during this transaction.
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Anti Money Laundering (AML)
The successful applicant will be required to provide two forms of ID and proof/source of funds, to satisfy anti money laundering protocols.
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