FHP AGREE ANOTHER OFFICE SALE AT CLARENDON BUSINESS PARK


February 9, 2015

Office News

FHP Property Consultants are delighted to announce the sale of the ground floor offices at 2.2 Clarendon Business Park to GeoDyne Limited, an independent Geotechnical and environmental consulting engineers with offices in Nottingham and Derby.

This marks an expansion of GeoDyne’s Nottingham office following positive performance and expansion over the last few years.

Mark Tomlinson of FHP Property Consultants who acted on behalf of the vendor in the sale commented:-

“GeoDyne had been in the market for some time looking for freehold office accommodation and the difficulty has been the lack of options available to purchase in Nottingham and also the general lack of car parking provided with the majority of the options.”

“Clarendon Business Park offered a high level of car parking (approximately 5 spaces per 1,000ft²) and the accommodation suited GeoDyne’s needs well.”

“There remains a lack of accommodation For Sale on the market and enquiries looking to purchase within this size bracket only have a handful of options in the whole of greater Nottingham, which is resulting in a steady increase in freehold values being achieved and vendors are now becoming ever more bullish when looking at freehold quoting figures.”

END

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