14,000 sq ft Nottingham office block on the market for £1.75m

A 14,000 sq ft office scheme is up for sale in Nottingham with a price guide of £1.75m

FHP Property Consultants has been instructed the serviced office space in The Park Esatte in Nottingham.

The property comprises some 14,135 sq ft previously let to a single occupier, which fronts both Castle Boulevard and Hope Drive.

Mark Tomlinson of FHP Property Consultants said: “Given the growth in the SME sector of the market, we took the view along with our client to subdivide this building to provide a range of small to medium sized offices which have proved popular with many Nottingham based companies. Following the refurbishment, the property is now fully let to a range of good quality tenants including Hallbrook Partners and Carter Legrand Wealth Strategies, among others.

“This property offers an excellent opportunity to invest within one of Nottingham’s prime locations with the scope for both increasing the rent roll and lease lengths. There is also the future potential to create residential accommodation in the longer term.”