Office for sale in Unit Orchard Place, Nottingham Business Park, Nottingham NG8

Non-quoting
Office for sale 12,971 sq. ft*
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Property description

Nottingham Business Park is situated 5 miles north-west of Nottingham city centre, within half a mile of junction 26 of the M1 motorway. The park benefits from local bus services and the Nottingham net tram terminus is 0.5 miles away. The property is let in its entirety to the Secretary of State. For approx. 10 years the first floor has been used by the Dept for Work & Pensions (dwp) as an administrative base for their Centre for Health & Disability Assessment (chda) arm. In December 2017, dwp's long-term commitment was confirmed with the relocation of the local chda test centre to the ground floor. The freehold interest is offered at a reduced price of £1.5m+, which reflects a net initial yield of 10.1%.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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Lambert Smith Hampton - Nottingham, NG1 on +44 115 774 9291 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Lambert Smith Hampton - Nottingham, and do not constitute property particulars. Please contact Lambert Smith Hampton - Nottingham for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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