Loxley House Tottle Road

Location

Tottle Road
Riverside Business Park
Nottingham
NG2 1RR

Size

12069 sq ft (1121.25 sq m)

Price

£1,425,000

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.

Download Property PDF

Register Your Property Requirements

Can’t find what you’re looking for? Simply tell us about your requirements and we’ll do the work for you.

Register

Our client requirements

We are currently working on a range of client requirements.

View