Loxley House Tottle Road


Tottle Road
Riverside Business Park


12069 sq ft (1121.25 sq m)



OFFICE INVESTMENT FOR SALE. A well secured modern multi-let office investment within an established business park on the edge of Nottingham City Centre with a low density site providing a total of 12,069 sq ft on a 1.26 acre site. The property has a passing rent of £127,145 per annum (equating to £10.53 psf) with a potential reversionary rent of £157,487 per annum (equating to £13.05 psf) once fully let. Offers sought in excess of £1.425m (subject to contract), a purchase at this level reflects a NIY of 8.4% and a reversionary yield of 10.4% once fully let and a low capital value of £118 per sq ft.

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