Office For Sale Nottingham
PROPERTY ID: 119316
PROPERTY TYPE
Office
STATUS
Under Offer
SIZE
31,802 sq.ft
Key Features
Property Details
A Unique Opportunity To Acquire A Substantial Portfolio In The Heart Of The Lace Market, Nottingham. A Substantial Freehold Available For 1st Time In Over 40 Years. Extending To 31,802 Sq Ft / 46,164 Sqft On A Gia Basis. Rental Income Of £345,004* Per Annum (*once 'under Offer' Suite Lease Completed) Providing A Low Average Rent Of £13 Psf. Reversionary Rent Of £476,700 Per Annum Once Estimated Rental Values Established. Weighted Average Unexpired Lease Term Of 2 Years 5 Months To Expiry, 1 Year To Break. Let To A Strong Tenant Line Up Including Stagemount, Pulse, Learning Pool And Rodgers Leask . The Property Would Also Be Suitable For Alternative Uses Such As Residential, Subject To The Requisite Consents