The restaurant has been there since the 1990s
Nottingham's last remaining Pizza Hut restaurant will remain open after a £1.35million takeover of the site at Castle Marina. Bassi Properties Limited has purchased the freehold of the property which is let to Pizza Hut.
The Nottingham-based property firm already has an extensive portfolio of commercial property both locally and across the Midlands. Avinash Bassi, managing director of Bassi Properties Limited, said about the latest acquisition: "It's already pre-let to Pizza Hut, it's the only one in Nottingham. It's going to remain Pizza Hut and jobs are safe."It's an attractive site where it's situated at Castle Marina. We like to invest in Nottingham if we can.
Bassi Group was founded in 1985 by Avinash and his brother Subhash Bassi, who were market traders at first after moving from India to the UK. The company went on to specialise in making clothing for shops such as House of Fraser, Slaters, Blue Inc, Beales and Big & Tall. The London-based Acquisition Group purchased the site for the Bassi family. Mr Bassi said: "Once the Acquisition Group made us aware of this opportunity, we immediately agreed to acquire the property for us, as it was something that we were very keen to buy the investment due to a prime location and well established business since 1990s
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