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For Sale£2,290,000.00

2b Horizon Place, 2B Nottingham Business Park, Nottingham, NG8 6PY

Office, Offices , 13951 Sq Ft
Property type: Office, Offices
Tenure: Investment Opportunity
Size: 13951 Sq Ft
Price: £2,290,000.00
Location: 2b Horizon Place, 2B Nottingham Business Park, Nottingham, , Nottingham, NG8 6PY
Modern office park investment opportunity. The building is fully let to BDW Trading Ltd, a 5A1 covenant, at a low passing rent of £164,200 per annum (£11.77 psf). The lease expiry is 1st October 202 - High quality modern office building constructed in 2007.
Secure investment opportunity in an established business park location.
Situated at Nottingham Business Park, an outstanding commercial area just off Junction 26 of the M1.
Well located with excellent nearby amenities and the centre of Nottingham approximately 4 miles away.
A modern headquarters office building over three floors finished to a very high modern standard.
Providing a net internal area of 13,951 sq ft (1,296.1 sq m).
Good onsite parking allocation of 52 spaces at a ratio of 1 per 268 sq.ft.
Let in its entirety to BDW Trading Ltd, part of Barratt Developments Plc, a FTSE 100 listed company and one
of the largest residential developers in the UK. Let by way of a Full Repairing and Insuring lease from 2nd January
2013 for a period of 12 years and 3 months, expiring 1st April 2025. There is also a reversionary lease in place extending the term until 1st October 2025, thus providing a term certain of 8.4 years. A low passing rent of £164,200 per annum overall equating to £11.77 per sq.ft.
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