SNGgroup has announced the acquisition of a landmark property off Nottingham’s Old Market Square.
The newly acquired commercial property, located on King Street, strengthens SNGgroup’s growing investment portfolio and reaffirms its commitment to premium real estate development in prime city-centre locations.
Richard Singh, Managing Director of SNGgroup, commented on the acquisition, “We are thrilled to add King Street to our expanding portfolio.
“This acquisition reaffirms our commitment to investing in prime locations that offer both commercial vibrancy and long-term value. Nottingham is a city of immense potential, and with our strategic investments, we aim to continue shaping its skyline and enhancing its property landscape.”
The property comes with a portfolio of tenants, including C. & J. Clark International Limited, Nottingham Trams Limited, King Street Business Centre Limited, and a brand-new phone shop set to launch soon.
This latest acquisition complements SNGgroup’s already thriving developments in Nottingham, including the brand-new luxury residential apartments at 33 Long Row, known as Picture House. With 70% of the apartments already sold, the development also features a brand-new commercial unit on the ground floor, now ready for occupancy.
“Slowly but surely, SNGgroup is strengthening its roster of commercial units and expanding its esteemed list of commercial tenants,” said Stuart Singh, Managing Director of SNGgroup. “Our focus remains on providing exceptional spaces that foster innovation, collaboration, and growth. As we continue to diversify our portfolio, we are committed to building long-lasting relationships with our tenants and contributing to their success. This strategic growth reflects our dedication to excellence and our long-term vision for the future.”
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