Commercial property specialists NG Chartered Surveyors have scored a double deal on the same property in an off-market deal in Nottingham city centre.
Acting on behalf of the vendor, NG has sold 3-7 Middle Pavement in Nottingham to new owner, DGH of FHP, while at the same time acting on behalf of the new owner to lease the ground floor of the same building to Mint Duck Clothing.
3-7 Middle Pavement is made up of the former Whistles clothing outlet on the ground floor, which will now be occupied by new tenant Mint Duck. Meanwhile, the upper floors consist of office space. The whole building totals some 5,880 sq ft.
Charlotte Steggles secured the deal on behalf of the vendor. She said: “Middle Pavement is one of Nottingham’s prime locations, and with the rejuvenation of Bridlesmith Gate ongoing just around the corner, this property is in an ideal location for both the new owner and tenant.
“This was also a great deal for our client, who is looking to realign their portfolio and leave it in safe hands for the future. An off-market deal in the city centre is always particularly satisfying, and it demonstrates, once again, NG’s knowledge of the local and regional property market.”
