A long-established Nottingham sex shop has been put on the market after the city council decided to sell off the building. The building on Upper Parliament Street is currently being leased to The Private Shop which has been supplying the city with sex toys and DVDs for more than 30 years.
The decision was taken by Nottingham City Council on March 14 to pass on ownership of the property at 81-85 Upper Parliament Street. It will be put up for sale by public auction on September 18 at The Nottingham Racecourse, The Centenary Suite, and the guide price is listed as £300,000-£350,000.
The current tenancy runs from 2019 to 2025. The lease currently brings in a rent of £30,000 per year, but Auction Estates have said there is an opportunity to re-negotiate the lease and utilise vacant space.
