FHP COMPLETE KING EDWARD COURT DEAL


February 10, 2009

Office News

Fisher Hargreaves Proctor acting as sole agents have secured the British Red Cross as tenants at Unit C, King Edward Court in Nottingham.

The Red Cross have taken a 10 year lease on the 1,830ft² self contained office with eight car parking spaces.

James Hartley, Surveyor at Fisher Hargreaves Proctor commented:

“This deal has been extremely pleasing although it did take some time for both sides to agree and finally complete the deal due to the complicated nature of dilapidations and refurbishment within the building.  Securing a tenant of the calibre of The British Red Cross is highly satisfying and great news for both ourselves and the client and is another sign that a good product and flexible approach by a landlord is able to attract a good quality tenant for a long period of time, even within this highly publicised credit crunch.”

This letting comes on the back of a number of recent lettings throughout Nottingham by Fisher Hargreaves Proctor at all different size ranges and just goes to show that there are leads out there that can develop into successful lettings.”

James Thornton of, Mayfair Capital, the landlords, commented:

“It has been excellent for us to secure a 10 year lease to a tenant of the calibre of The Red Cross is fantastic news for us.

The office needed a large level of refurbishment and we were happy to work with The Red Cross in order to achieve exactly what they wanted.  In return for this we have a long guaranteed term within the building.

We had only had this property on the market for a few months when we were able to secure this interest from The Red Cross.  I think being able to offer as many as eight parking spaces within Nottingham City Centre is very attractive for any user.

We are delighted to have completed this lease with a company who had viewed within a month of the property coming to the market.”

This leaves Mayfair Capital with Regent House on Clinton Avenue in Nottingham.  This is a 3,735ft² Grade A, quality office with extensive parking.  This is a rare opportunity to secure a well presented, high specification office on the fringe of Nottingham City Centre.

If you would like any further information on this letting or any other property within Nottingham City Centre then please do not hesitate to contact James Hartley of Fisher Hargreaves Proctor on 0115 9507577.

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