£4.500.000
Confirmation
Single let HQ Office
Property Details
Authorized representative
For sale
31,802 sq.ft.
2,954 m²Leasable area
141 £/sq.ft.
1,523 £/m²8.45 %
Leasehold
1
96
Fees
Investment Overview
Modern single let office building on fringe of Nottingham city centre. Let to a strong single tenant on a 10 year lease from 11th September 2017. The property comprises a detached business park style office on a self-contained site. The building is arranged predominantly over ground and first floors with a small additional second floor. Approximately £2,500,000 was spent on refurbishing the building a few years ago. The property is held part long leasehold and part freehold. The long leasehold element is held on a 125 year term from 6 March 1992 at a peppercorn rent.
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