Prime Nottingham retail unit sold in £22m deal

A prime Nottingham retail site has been sold in a £21.7m deal to an international investor.

Federated Homes has swooped for the 85,387 sq ft site at 4-13 Long Row & 17-25 Upper Parliament Street, which is home to Primark, Tesco, Greggs and Tui.

Abrdn has sold the asset, on which Primark has a lease until 2060.

Jackson Criss acted on behalf of Federated Hermes. Knight Frank acted on behalf of Abrdn.