Prime Off-Market Nottingham Sale

Forge has successfully advised Wittington Investments (WIPL) on the off-market sale of 1-9 Lister Gate, Nottingham.

The property occupies a prominent corner position on Lister Gate, a key pedestrianised thoroughfare linking Nottingham Railway Station with the Broadmarsh regeneration area, Clumber Street and the Victoria Centre.

The six-storey property comprises a retail unit arranged over ground floor and basement together with 33 student flats on the upper floors.

The retail accommodation is let to Superdry, on a new seven-year lease expiring in 2032. Combined with the student accommodation income, the asset provides a diversified and secure income stream.

Jonathan Mills commented:

“With the occupational team at Forge having recently agreed the new letting to Superdry, it was great to help our long-standing client, WIPL, capitalise on the asset management and achieve a successful sale.”

For further information on this transaction, or to discuss Forge’s upcoming sales and investment opportunities, please contact Jonathan Mills, Joe Baio or Georgia Welch.