Nottingham retail investments hits the market with £1.3 million price tag  

A substantial retail investment in Nottingham has been brought to the market by property agents Bond Wolfe.

Commodore Court includes a prominent corner ground floor unit at Unit 1, Nuthall Road,  offering a total of 8,159 sq ft.

The property is let in its entirety to Community Health and Eyecare Ltd for ten years from June 2021 at a passing rent of £89,749 per annum, with a rent review and break clause in June 2026.

Bond Wolfe is seeking offers based on £1.3 million plus VAT for the long leasehold interest. A purchase at this level would reflect a net initial yield of 6.51%, after purchaser’s costs of 5.99%.

James Mattin, managing director agency at Bond Wolfe, said: “Community Health and Eyecare Ltd is an NHS provider and Unit 1 is the predominant unit of the wider 15,039 sq ft Commodore Court scheme, with other neighbouring occupiers including Barnardo’s.”

Based in Birmingham, Bond Wolfe is enjoying exceptional success, reporting a record first six months of the year, with the recent auction taking group turnover over £115 million year to date.

In the first six months of 2022, the agency division of Bond Wolfe recorded sales of £28.4 million, finishing the first half with a further £6.1 million in legals.

Highlights include the sale of Waterloo Court in Wolverhampton for £2.8 million, Cridden Industrial Estate in Stourbridge for £1.115 million, a Leamington Spa investment for £1,595,000, a student accommodation residential investment in Birmingham for £11,610,000, and £2.25 million for a portfolio of residential sites in Acocks Green and Smethwick, Birmingham.

Ends (259 words)

For further information, please contact:

James Mattin, Managing Director Agency,

2nd Floor, 75/77 Colmore Row, Birmingham B3 2AP

0121 525 0600 or 0121 524 1172,


Issued by Andy Skinner, ASAP PR, mobile 07990 978257.

Editors’ notes

Bond Wolfe is an established commercial property practice based in Birmingham and West Bromwich. Its services include commercial property sales and lettings, auctions, property investment, and development throughout the West Midlands.