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UNDER OFFER

Mere Way, Ruddington Fields Business Park, Ruddington, Nottingham, NG11 6JS

£1,900,000

£187.16 per sq. ft.

Business rates & charges may apply

Savills, Nottingham Industrial
SIZE AVAILABLE
10,152 sq. ft.
(943 sq. m.)
SECTOR
Office for sale

Key features

  • Best bids deadline 1pm Wednesday 3rd November
  • Popular South Nottingham Business Park
  • Modern detached two storey offices totaling 10,152 sq ft
  • Benefits from 46 car parking spaces, reflecting a good ratio of 1:220 sq ft
  • Let on a new 10 year lease from February 2021 (with no break) to Quotient Sciences at a rent of £143,640 per annum
  • Offers sought in the region of £1,900,000, subject to contract and exclusive of VAT, which reflects a net initial yield of 7.12%

Property description

Tenure: Freehold

Description
The property comprises a modern detached self contained office building developed by Wilson Bowden in the early 2000s.
The accommodation is arranged over ground and first floors, designed on an open plan basis, with the current tenant’s layout including a number of demountable partitioning to create meeting rooms and Directors offices.
Externally the property is set within a generous self contained landscaped plot with 46 designated car parking spaces providing a good ratio of 1 space per 220 sq ft.

Viewings
Strictly by appointment with the Sole agent - Ian Muxlow

Location
Nottingham is an affluent, vibrant city and the administrative centre for the East Midlands. The city is located approximately 125 miles north of London, 55 miles north east of Birmingham and 83 miles south east of Manchester.

Specifications
The specification of the accommodation includes:
• Dedicated entrance foyer with passenger lift and stairs to first floor
• Toilet facilities and showers to each floor
• Raised floors incorporating floor boxes
• Suspended ceilings with inset LED lighting
• Air conditioning
• Double glazed windows and doors
• Gas fired central heating

Anti Money Laundering
In accordance with AML regulations, the successful purchaser will be required to satisfy the vendor on the source of funds used to acquire the property.

Mere Way, Ruddington Fields Business Park, Ruddington, Nottingham, NG11 6JS

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Beeston Station3.8 miles
  • Attenborough Station4.1 miles
  • Middle Street Tram Stop4.2 miles

Notes

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Disclaimer - Property reference 79693-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills, Nottingham Industrial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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