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  • For sale
Well-Secured | Reversionary | Modern Office Park Investment | Nottingham NG9 6RZ - #1
Well-Secured | Reversionary | Modern Office Park Investment | Nottingham NG9 6RZ - #2
Well-Secured | Reversionary | Modern Office Park Investment | Nottingham NG9 6RZ - #3
Well-Secured | Reversionary | Modern Office Park Investment | Nottingham NG9 6RZ - #4
Well-Secured | Reversionary | Modern Office Park Investment | Nottingham NG9 6RZ - #5
Well-Secured | Reversionary | Modern Office Park Investment | Nottingham NG9 6RZ - #6
Well-Secured | Reversionary | Modern Office Park Investment | Nottingham NG9 6RZ - #7
Well-Secured | Reversionary | Modern Office Park Investment | Nottingham NG9 6RZ - #8
Well-Secured | Reversionary | Modern Office Park Investment | Nottingham NG9 6RZ - #9
Well-Secured | Reversionary | Modern Office Park Investment | Nottingham NG9 6RZ - #10
Well-Secured | Reversionary | Modern Office Park Investment | Nottingham NG9 6RZ - #11
Well-Secured | Reversionary | Modern Office Park Investment | Nottingham NG9 6RZ - #12
Well-Secured | Reversionary | Modern Office Park Investment | Nottingham NG9 6RZ - #13
Well-Secured | Reversionary | Modern Office Park Investment | Nottingham NG9 6RZ - #14
Well-Secured | Reversionary | Modern Office Park Investment | Nottingham NG9 6RZ - #15

For Sale

£2,125,000 GBP Pound Sterling

Colliers is pleased to offer to market this Freehold Modern Office Park Investment on behalf of private clients.

Investment Summary
• Pair of modern two-storey office properties built in 2005
• Located on a popular, well-established business park near M1 (J25)
• Freehold
• Totalling 14,253 sq ft (NIA)
• Let on unbroken 15-year FRI leases from March 2016 to SDL Surveying Limited and SDL Group Services Limited
• Total current rent: £120,000 per annum (reflecting a low rate of £8.40 per sq ft overall)
• Subject to upward only rent reviews in March 2021 and 2026
• Total ERV: £192,500 per annum (£13.50 per sq ft)

Offers in excess of £2,125,000 exclusive, Subject to Contract.

This value reflects a net initial yield of 8.5% (after rent top-up and purchaser’s costs) a reversionary yield of 9% (March 2021) and a capital value of £149 per sq ft.
Offers for each property individually will also be considered.