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Office News
FHP Property Consultants are delighted to announce the sale of the self-contained office building at Unit 3 Edison Village on Nottingham’s Science Park. The property was bought privately and the property will now be occupied by PR Power Installations Limited, a local building technology services provider. Following positive expansion of their business they have taken this opportunity to expand into the Science Park.
Matt Russell, Director of PR Power Installations Limited commented:-
“We have been looking for opportunities to occupy premises in this location for some time and we jumped at the opportunity to occupy premises on the established and well regarded Science Park. This move means we are now well placed to serve many of our clients in the close vicinity including Nottingham University and The Queens Medical Centre, among others”
Nick Corder, of Corder Commercial, who acted on behalf of the purchaser in agreeing the sale of this property commented:-
“We had a choice of potential units, but the Science Park location, the available car parking, and the extension of the tram system clinched the decision”
Unit 3, Edison Village comprises a self contained two storey office property extending 1,152ft² with good levels of onsite car parking within easy reach of the city centre, the ring road and the M1 Motorway.
Mark Tomlinson of FHP Property Consultants who acted on behalf of the vendor in the sale commented:-
“I am delighted that we have achieved a sale of this long leasehold interest within approximately 6 months of marketing, a very healthy time scale in the current market conditions. Although generally demand for office premises is suppressed I am pleased that there is still appetite among local investors to purchase property. Undoubtedly this is a sign of confidence returning to the market place, especially for properties in well established locations such as the Nottingham Science Park. I wish PR Power Installations Limited all the best with their expansion plans”.