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Office

Office For Sale Nottingham

PROPERTY ID: 136995

PROPERTY TYPE

Office

STATUS

Under Offer

SIZE

17,014 sq.ft

Key Features

NIA: 17,014 sq ft GIA: 21,393 sq ft
Rental income of £154,840 pa providing a low average rent of £12.53 psf
Net initial yield of 7.88% and reversionary yield of 11.71%

Property Details

The Property Is Five Storeys High, Brick Constructed And Dates Back To The Original Lace Market Development, Constructed In The Mid-1800's. This Is Broadly An L-shape As It Follows The Curve And Realignment Of Broadway As It Runs Down To Stoney Street. This Element Provides Two Impressive Entrances Constructed From Stone With Bays Above And Also Within The Eastern Most Element Is A Decorative Archway. The Building Also Benefits From A Passenger Lift. Internally The Property Provides A Variety Of Good Quality Office Accommodation Benefitting From Ample Natural Light, With Most Offices Benefitting From More Recent Fit Outs But Generally Include Perimeter Trunking, Good Quality Lighting And Heating, As Well As Toilet And Kitchen Facilities.

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About the Agent

Innes England

See Agent's Other Properties

Office Unit

£1,850,000 Freehold

The Birkin Building,8 Broadway, Nottingham, NG1 1PS
Office - Under Offer
17,014 sq ft
1,581 sqm
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