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Box Sports Bar Nottingham, Thurland Street, Nottingham, NG1

SOLD
£2,600,000.00 £162.73 /sf
15,977 sf
Leisure & Hotel Investments, Retail Investments for Sale

Box Sports Bar Nottingham, Thurland Street, Nottingham, NG1

SOLD
£2,600,000.00 £162.73 /sf
15,977 sf
The property comprises a substantial former banking hall benefitting from exquisite stone work, period features and a large vaulted ceiling, over basement, ground and two upper floors.

The property is let to Arc Inspirations Limited (trading as Box Sports Bar) on a new, full repairing and insuring lease for a term of 25 years from 17/07/2023, with a mutual break option 17/07/2038, subject to 6 months notice. The current rent is £200,000 per annum and is subject to five yearly open market rent reviews.

Box is a game changing high quality sports bar to eat, drink, view, play and party. The venues provide shuffle boards, televises sports and has live music Thursday to Saturday with late night opening

The tenant is shortly due to commence their fit out to provide a and intends to be open for trade in November 2023.

Location

The subject property is located on Pelham Street, 50 yards from its junction with Clumber Street, High Street and diagonally opposite Zara. The property benefits from a return frontage on Thurland Street which leads north to the southern entrance to the Victoria Centre

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Investment property for SaleInvestment property for Sale in Nottingham
This property has been let/ Sold

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Investment property for SaleNottinghamBox Sports Bar Nottingham, Thurland Street, Nottingham, NG1SOLD