Nottingham-based commercial property experts Landa Associates have completed an off-market deal to buy a shop unit in Clifton for longstanding client Nijjar Group.
The property, at 226-228 Southchurch Drive, is let to a branch of Card Factory and includes retail accommodation on the ground floor and a hairdressing salon on the first and second floors. Neighbours include Boots, Greggs and Lloyds Bank.
Nijjar Group, a third-generation family property company headed up by investor Kam Nijjar, acquired the property from an unnamed vendor represented by Bowcliffe Chartered Surveyors.
READ MORE: {}
Mr Nijjar turned to Landa Associates director Sunny Landa to help strike the deal.
He said: “It was a pleasure to work with Sunny on this transaction. He was instrumental in getting the deal over the line – as I knew he would be after our many years of working together.
“Clifton has a lot of potential, retail-wise, but it needs fresh thinking to make it work. That is what we aim to bring, and Sunny understood this from the word go. His advice was invaluable.”
Sunny Landa said: “Kam is one of the leading lights of the Nottingham property scene, and as ever it was a huge honour to work on his behalf. This deal shows that off-market transactions are still very much achievable provided investors are willing to listen to an expert.
“It pays to bring a knowledgeable advisor on board. You can rest assured your future investment is safe and will meet your company’s objectives.
“I’d also like to thank Bowcliffe Chartered Surveyors, who acted for the vendor on this deal. They were consummately professional at every stage of the sale process – fantastic to work with. Hats off to them for making this a highly enjoyable transaction.”